Imagine Dragons catalogue sells to Concord for reported $100m+


The latest megabucks publishing-catalogue acquisition is bucking the trend… by not involving Hipgnosis Songs Fund. Instead, it’s Concord Music Publishing that has swooped to buy the writer’s share and a co-publishing share of the band Imagine Dragon’s back catalogue.

MBW reported that a “highly competitive” battle to win the deal saw the price “definitely went above $100m” before Concord won out. The report noted that Universal Music Publishing Group will continue to administer the catalogue, while owning the other co-publishing stake.

Amid talk of a bubble in music-rights prices, Concord pointed out in its announcement of the deal that Imagine Dragons have sold 35m singles in the US and 20m albums worldwide over their career so far, including four tracks that have notched up more than 1bn streams apiece on Spotify.


Cover image: CC BY-SA 4.0

Written by: Stuart Dredge