Concord Acquires Rounder Records
April 14, 2010 at 8:34 AM (PT)
THE CONCORD MUSIC GROUP has acquired MASSACHUSETTS-based independent music label ROUNDER RECORDS. ROUNDER is celebrating its 40th year as the world’s leading American roots music label.
ROUNDER’s creative and marketing functions will continue to be based in BOSTON and its owners and founders KEN IRWIN, BILL NOWLIN and MARIAN LEIGHTON LEVY will remain active with the company in a creative and advisory capacity. The company’s senior management will also remain in place. JOHN VIRANT will continue as the President of ROUNDER; SHERI SANDS will stay on as General Manager.
CONCORD Pres./CEO GLEN BARROS said, "The combination of CONCORD and ROUNDER makes so much sense on a creative, strategic and cultural level. With the addition of ROUNDER, CONCORD is gaining a magnificent catalog of recordings, the opportunity to work with more of the world’s most amazing artists and a company filled with some great people. Plus, ROUNDER’s uncompromising commitment to authenticity and intense independent spirit is perfectly in line with everything that CONCORD is about."