BMG And Nashville-Based Concord To Combine In Major Music Merger

BMG and Nashville-based indie music giant Concord announced a merger the companies said will create the leading independent music company in the world enabling “deeper investment in creativity, next-generation technology, and world-class talent” and preserve “the entrepreneurial approach that artists, songwriters, and playwrights value.”

Operating under the BMG name, the combined company will be owned about 67% by Bertelsmann and 33% by affiliates of investment firm Great Mountain Partners, which will also receive a one-time cash payment of $1.16 billion. The deal is expected to close in the second half of 2026.

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