Village to stop rocking

Village Roadshow is selling its North American music label that boasts artists including John Fogerty (pictured), Creedence Clearwater Revival and Ray Charles. The California-based Concord Music Group is being sold to US-based investment manager Wood Creek Capital Management for an undisclosed sum.

By InvestSMART · 27 Mar 2013

By InvestSMART ·
27 Mar 2013

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Frequently Asked Questions about this Article…

What did Village Roadshow announce about its North American music label?

Village Roadshow announced it is selling its North American music label, Concord Music Group, to a US-based buyer.

Who is buying Concord Music Group from Village Roadshow?

Concord Music Group is being sold to US-based investment manager Wood Creek Capital Management, according to the article.

Which artists are included in Concord Music Group’s catalogue?

The Concord Music Group catalogue mentioned in the article includes artists such as John Fogerty, Creedence Clearwater Revival and Ray Charles.

How much is Village Roadshow getting for Concord Music Group?

The sale price was not disclosed in the article; the Concord Music Group transaction was described as being for an undisclosed sum.

Where is Concord Music Group based?

The article states that Concord Music Group is California-based.

What part of Village Roadshow’s business is being sold?

The company is selling its North American music label, identified in the article as Concord Music Group.

Did the article explain why Village Roadshow sold Concord Music Group or the timing of the sale?

No. The article reports the sale but does not provide reasons for the sale or detailed timing and background information.

How can everyday investors find more information about the Concord Music Group sale and its impact?

The article itself does not offer guidance on investor actions; everyday investors should look for official announcements from Village Roadshow and statements from Wood Creek Capital Management or follow subsequent news releases for more details.