Metal Anarchy

According to Billboard, Concord has acquired Victory Records, as well as founder Tony Brummel’s Another Victory Publishing catalog. The terms of the deal, which included approximately 4,500 master recordings and 3,500 compositions, are unknown, but the site estimates that Concord paid about $27 million to $34 million.

Concord’s chief business development officer Steven Salm commented:

“Concord is a market leader across rock genres in both new releases and catalog. Tony’s dedication to Victory and the development of talent within these rock genres of metal, emo and hardcore as a true independent operator is incredibly admirable and he’s made a very significant impact in that world.

Tony and I have gotten to know each other over the years and all of us at Concord very much look forward to being the next creative managers of the Victory masters and publishing catalogs as well as insuring all of the artists that have been part of Victory feel very much at home at Concord.”

Brummel added:

“I have had the pleasure of knowing Steve Salm and the Concord team for a few years now. My dealings with Steve and Concord have been nothing but enjoyable. Concord has a great team, infrastructure and the financial backing and support to do great things with the music and entertainment assets that they represent.

Victory and Another Victory’s great catalog of music and songs will be in caring and fantastic hands going forward. We’ve had a great run and with Concord it will only continue. My team at Victory will be remaining intact as we embark, going forward, on our new and existing business journeys.”