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Concord affiliate buys over 145K music copyrights including works of Lady Gaga, Stevie Wonder, others
Updated 2:01 PM;
Today 2:01 PM
Downtown has sold the copyrights to the songs of artists such as Lady Gaga to an affiliate of Concord. (Photo by Matt Sayles/Invision/AP, File)Matt Sayles/Invision/AP
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An affiliate of Concord Music Publishing has purchased 145,000 owned and co-published copyrights from Downtown Music Holdings.
The copyrighted works include songs by a wide range of top musical talent from Lady Gaga to Beyoncé to Stevie Wonder.
Rolling Stone reports how Downtown sold its copyrights in order to focus more on its other services such as music publishing, sync licensing, and its songwriter royalties platform, Songtrust.