Downtown Lays Off Unspecified Number of Nashville Staffers After Concord Acquisition
Jem Aswad Senior Music EditorJust days after Downtown Music sold nearly 150,000 publishing copyrights to Concord, the company has laid off an unspecified number of staffers in its Nashville office. Among the affected employees was executive VP Steve Markland, the highest-ranking member of the Nashville team; the news was first reported by Billboard.Following Concord’s acquisition of Downtown Music’s 145,000-song publishing copyrights on Monday, Downtown has let go a number of its Nashville employees, including executive vp A&R Steve Markland, who was the highest ranking staffer in the office.