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Jake Wisely Joins Concord Board; Jim Selby Named Chief Publishing Executive
September 15, 2020 at 3:32 AM (PT)
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CONCORD partner, co-founder and Chief Publishing Executive JAKE WISELY will join the company's Board Of Directors, while current COO JIM SELBY will assume his COO role, reporting to CEO SCOTT PASCUCCI, effective JANUARY 1st, 2021.
WISELY will remain a partner and shareholder in CONCORD and maintain an advisory role in the day-to-day operations of CONCORD MUSIC PUBLISHING, while also maintaining the company’s Executive Member seat on the NMPA Board.
Commented WISELY, “The CONCORD Board of Directors and I are pleased to name JIM SELBY as my successor. Since joining CONCORD in 2016, JIM has been an invaluable member of the team, helping to forge our discipline and culture, focusing on synergies between CONCORD businesses and maximizing value for all stakeholders.
“He is a consummate music fan, well-versed in our roster and catalog, and will ensure that Concord’s songwriters and composers are diligently served.”
Added PASCUCCI, “CONCORD would not be what it is today without JAKE WISELY and THE BICYCLE MUSIC COMPANY. He was critical to the establishment of BICYCLE as a world-class publishing operation, which then became the foundational platform for CONCORD along with CONCORD MUSIC GROUP
“Since the combination of those two companies in 2015, JAKE has proven himself to be an extraordinary manager and strategic thinker, whose contributions have been invaluable in building the company through new partnerships and investments. I look forward to working with him in his new role as a member of the CONCORD Board of Directors.
“JIM was a natural choice when deciding who should guide CONCORD MUSIC PUBLISHING in its continued growth. He knows all areas of the CONCORD business, is a champion for our artists, songwriters and composers and will transition to Chief Publishing Executive seamlessly over the coming months. I am excited to see our publishing business flourish under his leadership.”
SELBY rose to the position of COO at CONCORD after four years as GM – overseeing Label Shared Services for imprints such as CONCORD RECORDS, CRAFT, FANTASY, FEARLESS, KIDZ BOP, LOMA VISTA and ROUNDER -- and then as Chief Revenue Officer.
The CANADIAN-born exec spent 16 years at NAXOS OF AMERICA, where he was CEO from 2007 to 2014. He then joined OLE MEDIA MANAGEMENT as the publisher’s SVP of Digital.
SELBY was Chairman of the A2IM Board Of Directors for two years, and has a direct involvement in more than 35 GRAMMY-winning projects.
SELBY added, “I am thrilled to carry on the work that JAKE started at CONCORD MUSIC PUBLISHING. It is an honor to serve our songwriters and composers as the industry forges ahead in the digital era during these challenging times.
“I want to thank CONCORD’s executive team and Board Of Directors for their support through the years and the trust that they have bestowed on me to lead CONCORD MUSIC PUBLISHING.”
WISELY was instrumental in CONCORD's 2005 acquisition of the BICYCLE MUSIC COMPANY, along with numerous companies and catalogs in publishing and recorded music with the backing of WOOD CREEK CAPITAL MANAGEMENT.
BICYCLE and CONCORD merged in 2015, operating as CONCORD BICYCLE MUSIC. Among its acquisitions were RAZOR & TIE (2015) and IMAGEM (2017). In 2018, CONCORD BICYCLE, IMAGEM and RAZOR & TIE were merged and branded CONCORD, with three core business units: CONCORD MUSIC PUBLISHING, CONCORD RECORDED MUSIC and CONCORD THEATRICALS.
Last year, CONCORD acquired LATIN TROPICAL label and publisher FANIA and GERMAN classical music publisher SIKORSKI.
Earlier this year, CONCORD secured an interest in PULSE MUSIC GROUP, purchased the song catalog of IMAGINE DRAGONS, and signed deals with NASHVILLE hitmaker HILLARY LINDSEY, including a catalog purchase, co-publishing agreement and joint venture.