Concord Acquires Stem Distribution to Boost Indie Artist Services – Jimmy Star’s World
Nashville-based publishing and catalog giant Concord said on Monday it agreed to acquire Stem Distribution, a 10-year-old independent digital distribution company. Terms of the deal were not disclosed. Reports from early March put the price tag at above $50 million, according to Music Business Worldwide. Adding Stem to its portfolio will help Concord’s expand its … Read more