Concord acquired a part of the song catalog of the songwriter, musician and producer Johnny McDaid.
MCDAID is an important co -worker of ED Sheeran’s, co -author of many of the biggest hits of British artists, and is a member of the band Snow Patrol.
MCDAID is also P! I am writing for NK, Lewis Capaldi, Keith Urban, Shawn Mendes, Zara Larsson, Alicia Keys, Jung Kook, etc.
The MBW has a BTS dance in addition to both the share of many MCDAID writers and publishers released in the past few years, such as Ed Sheeran’s tremors and bad habits, as well as the share of many MCDAID songs released in the past few years. I understand that both permissions are included.
As part of New Deal, Concord expresses McDaid’s future works as a publishing management partner.
(Sony Music Publishing is a long -standing administrator of MCDAID’s largest hits so far. SMP is expected to continue this role under continuous contract conditions. )
Concord transactions arrived five years after HipGnosis Songs Fund (now owned by Blackstone) signed a music right agreement with MCDAID in a 91 composition catalog.
The bundle of the song acquired by all hip -grnosis released before April 2019 contained MCDAID’s “100 % interest” in ED Sheeran’s hit, such as Spead of You, BloodStream, and Galway Girl. 。
In a press release published today (January 29), CONCORD stated in the acquired MCDAID catalog that he was interested in the 2014 SMASH photo of Ed Sheeran.
(In the 2020 announcement, Hipgnosis claims that he was interested in the song, suggesting that one party would probably have a writer share and another share of publishers. )
“Johnny is a true artist. Jim Selby, the highest publishing officer of Concord, said:
“Johnny is a true artist. His songwriting is personal and universal, whether it is his band or for other artists.”
Jim Selby, Concord
Selby added: “His catalog up to this point has reached incredible highly resonating around the world. We represent some of his symbolic works I am honored to partner with Johnny for the future. “
A songwriter who won the multi -ballmy award nominated for the multi -ball Novello has been working as a partner for a wide range of artists.
His catalogs include co -writing with popstar such as Robbie Williams and BTS, bands such as Bifi Crylo, 30 seconds Mars, Kodarin, David Getta and Bildi, and Mage Peter’s bands. It is. Ed Sheeran.
MCDAID co-authored one song of seven songs of Sheeran’s Multi-Platinum album X, including photos and BloodStreem. X was awarded the Best Award of BRIT AWARD and was nominated for the Grammy Award in the same category.
In 2017, MCDAID co-authored eight songs on Sheeran’s Multi-Platinum album (as of 2024, the most streaming album in Spotify).
He co -authored your hit shape. It went to the first place in the United States and the United Kingdom (where I stayed for 14 weeks) and was nominated for another Grammy Award for this year’s Song of the Year. We won the Ivor Novello Award for most performance work.
MCDAID also co -authored Joker and the Queen of ÷ who gained the characteristics of Taylor Swift.
“These songs that I am honored to have been part of the creation are some of the most important things in the world. I’m still excited to work with the team.
Johnny McDaid
MCDAID co -authored 10 songs in SHEERAN’s 2021 album =. The latter was the No. 1 in the UK for 11 weeks, was nominated for the Grammy Award at Song of the Year, and won another MCDAID Ivor Novello for most performance work. Each single has more than 1.5 billion streams in Spotify.
Commented on his transaction with Concord, McDaid said:
“I’m very happy that they found a house in Concord Music Publishing, and I’m still excited to work with the team in the future.”
McDaids from Delhi, Northern Ireland, moved to London in their late teens and learned to write a bus -king in the crowds of passers -by.
“Songwriting crafts start when I was on the street in London and play the cover,” said McDaid. “I throw my own song and get a very quick response. I was able to feel whether there were people who were connected to what I wrote. It was honest school education.”
The musician led his band Vega4 for the next 10 years. When the band was divided, Snow Patrol’s Polar Patrol Publishing signed MCDAID for the first time.
MCDAID finally started a tour with the band and then participated in 2011.
The agreement between the MCDAID and the Concord was negotiated on behalf of the Concord by the Reed Smith LLP.
MCDAID was represented by Michelman & Robinson, LLP’s Michael Poster and Claire Hoffman, along with his business manager Kevin McCullough and his lawyer, Willie Ryan.
The transaction arrived three months after Concord’s latest asset support securities (ABS) transactions were successfully closed. The transaction raised $ 850 million debt funding through private securitization backed by the catalog of music rights.
On Monday (October 28), the company emphasized that this transaction “promotes strategic growth and acquisition” and “emphasizes continuous initiatives to grow and monetize music assets strategically. He said that he emphasized the company as a result of the music.
Immediately after Concord spent $ 227.3 million in the catalog of Latin Music Artist Papa Yankee, the news of ABS transactions arrived.
Concord acquired a part of the music publishing and recorded the REGGAETón star music catalog. This includes his own hit rights, including Rompe, Gasolina, and Con Carma, as well as his special feature artist in Despacito.
Concodes manages more than 1 million composers, master receeating, and related assets of writers/artists, including stars such as REM, CREED, GENESIS, PHIL COLLINS, Mike + The Mechanics, Carrie Underwood.
In 2023, Concord gained the forefront of music qualifications in the announcement of JV label’s pulse records and the widely respected pulse music group team.
Concord became a majority of Pulse Music Publishing, via a contract of over 100 million dollars in 2020. Pulse has succeeded in the United States, and this year Tommy Richman has hit Million Dollar Baby (Pulse Records/ ISO Supremacy).
Concord, which has been owned by a long -term supporter, Michigan’s retirement system, has concluded a process of exploring sales itself (involved in Goldman Sachs as a Wing Parson) a few years ago.
The process led to an acquisition offer of $ 5 billion from an unnamed nameless, but this price tag was not considered enough for the company.
Music business around the world
