Concord Bicycle Music has acquired Imagem, giving it control of the Rodgers and Hammerstein and Boosey and Hawkes catalogues. Also, the deal seals the control over the European as well as Global rights to songwriters as Justin Timberlake, Wynton Marsalis, Phill Collins, Genesis, the Temper Trap, Vampire Weekend and Daft Punk and much more reported NYT.
The acquisition of Imagem would make Bicycle Music one of the largest music publisher in the world.Imagen catalogue fits perfectly in the company’s game plan of owning iconic songs for the music publishing. It's a huge deal of its kind and its reported that Concord paid close to six hundred million dollars ie sixty crores Indian Rupee. –Window To News
