Concord is exploring a sale, according to a source familiar with the situation – a deal that would likely top $4 billion, based on Billboard’s estimates. If the record label and music publisher does hit the auction block, it would be an attractive target for one of the three major record companies, some industry sources say, and an acquisition by one of the smaller majors could potentially change the power dynamics between them.
Source: Indie Music Giant Concord, Worth Over $4 Billion, Eyes Potential Sale