Stem Distribution Sold to Concord Music for $90 Million-Plus
As expected, Concord, the Nashville-based independent music company, has added Stem Distribution to its portfolio of subsidiaries, the company announced on Monday. Terms of the deal were not disclosed, but sources close to the situation tell Variety the deal was in the $90 million range, significantly higher than the $50 million prince rumored earlier. Stem, […]
As expected, Concord, the Nashville-based independent music company, has added Stem Distribution to its portfolio of subsidiaries, the company announced on Monday. Terms of the deal were not disclosed, but sources close to the situation tell Variety the deal was in the $90 million range, significantly higher than the $50 million prince rumored earlier. Stem, […]
