Concord, UMG Renew Partnership

• Concord has renewed its global distribution agreement with Universal Music Group (UMG), continuing a successful partnership that has spanned more than 15 years. Under the new contract, UMG will continue to physically and digitally distribute releases from Concord’s frontline labels, led by Chief Label Executive Tom Whalley, and catalog projects led by Chief Catalog Executive Sig Sigworth, including recordings from Craft Recordings, Fantasy Records, Fearless Records, Loma Vista Recordings, Rounder Records, Concord Jazz and KIDZ BOP.

“UMG and Concord have built a wonderful relationship over the past 15 years,” said Concord CEO Scott Pascucci. “As we have grown, they have provided the support that we needed to expand the worldwide success of our frontline labels, the KIDZ BOP franchise, Craft Recordings, and the rest of our catalog. We are very pleased to be renewing this partnership with Universal.”

Sir Lucian Grainge, Chairman & CEO of Universal Music Group, remarked, “Our partnership with Concord is built on a foundation of shared values. We both put artists and creativity at the center of everything we do. I couldn’t be happier to extend our partnership and l look forward to even more success working with Scott, Tom, Sig and the entire Concord team.”