Concord Music Publishing Announces Acquisition of Imagine Dragons Catalog
OFFICIAL PRESS RELEASE
NEWS PROVIDED BY
Concord Music Publishing
Concord Music Publishing is pleased to announce that it has acquired the catalogue of globally-renowned pop/rock powerhouse band Imagine Dragons. The Las Vegas-based band made their mark with their global smash hits "Radioactive" and “Demons” from their album Night Visions in 2012. Since then, the band has gone on to release three other critically acclaimed albums: Smoke + Mirrors (2015), Evolve (2017) and Origins (2018).
The awards received by Imagine Dragons are a testament to their success. "Radioactive," off their Night Visions debut, earned the band a GRAMMY® Award for Best Rock Performance in 2012. Their second studio album Smoke + Mirrors reached #1 in the US, Canada and the UK. Evolve, the band’s third studio album, netted the act three #1 singles on the Billboard Hot Rock Songs Chart in 2018: “Believer," "Thunder" and "Whatever It Takes.” That combined success made Imagine Dragons the artist with the most weeks at #1 on the Billboard Hot Rock Songs Chart.
To put the depth and breadth of the band’s achievements into perspective, Imagine Dragons has also received 10 Billboard Music Awards, 3 American Music Awards, 1 MTV Video Music Award and 1 World Music Award. They have sold 35 million RIAA certified singles in the US and 20 million albums worldwide. Additionally, Imagine Dragons has four songs among the top 100 most streamed on Spotify that have surpassed one billion streams each; "Believer", "Thunder," “Demons” and “Radioactive.” “Radioactive” is also one of only 37 songs in history to be certified Diamond, or 10x Platinum, by the RIAA.
“Concord’s acquisition strategy has remained consistent since 2006. Simply put, we acquire catalogues from creators and owners with songs that the entire world not only recognizes but loves. A to Z, our portfolio is comprised of some of the most culturally recognized and revered songs and recordings in history. Imagine Dragons fits perfectly in that realm. Our publishing team proudly welcomes Imagine Dragons, and its unparalleled songwriting and performance success in the past decade, to the treasured catalogues that already call Concord home,” said Steve Salm, Concord’s Chief Business Development Officer.
“Imagine Dragons are a rock powerhouse,” says Jake Wisely, Chief Publishing Executive at Concord. “From topping the charts to sweeping awards to sync and sell-out tours, Imagine Dragons’ success is undeniable. We are honoured that Imagine Dragons has chosen Concord and are excited to add another legendary band to the Concord catalogue.”
The transaction was managed and negotiated for Concord by Steve Salm, Larry Blake and Amanda Molter.
Imagine Dragons’ team was led by John Rudolph of 1.618 Industries, Inc. (formerly Music Analytics, a leading music IP advisor) with counsel provided by Jason Karlov and Amanda Taber of Barnes & Thornburg and Robert Reynolds of Reynolds and Associates.
Source Concord Music Publishing
August 17, 2020 10:00am ET by Concord Music Publishing