L.A. Reid’s HitCo, Label Home to Jennifer Lopez and Saint Jhn, Sold to Concord (EXCLUSIVE)
variety.comShirley Halperin Executive Editor, MusicHitCo Entertainment, the music company launched by Antonio L.A. Reid (pictured at left) and Charles Goldstuck (at right) in 2017, has been sold to Concord, Variety has learned through multiple sources.
Home to such artists as Jennifer Lopez, Saint Jhn, Outkast’s Big Boi, Yella Beezy and Dixie D’Amelio, HitCo had been distributed through ADA.Concord, a private company funded by long-term institutional capital, in addition to equity holders from Concord’s senior management team, represents close to 900,000 songs and trades in recorded music, music publishing, theatrical and original productions.
Headquartered in Nashville, it has additional offices in Los Angeles, New York, London, Berlin and Miami. Its frontline labels include Concord, Concord Jazz, Easy Eye Sound, Fantasy Records, Fearless Records, KIDZ BOP, Loma Vista Recordings and Rounder Records.
Its publishing arm owns or administers more than 600,000 copyrighted musical works and represents the catalogs of Benny Blanco, Sammy Cahn, Phil Collins, John Fogerty, Cyndi Lauper, Rodgers and Hammerstein and Ryan Tedder.
Read more on variety.com