In a significant industry consolidation move, Concord has expanded its theatrical footprint by acquiring Broadway Licensing Global (BLG) and its subsidiaries, excluding Stageworks and Broadway on Demand streaming service.
The acquisition brings Broadway Licensing, Dramatists Play Service, Playscripts, and Stage Rights under the Concord Theatricals umbrella, which was established in 2018. This strategic merger creates a theatrical powerhouse that now represents an impressive collection of over 125,000 artists and songwriters globally.
Concord Theatricals already managed prestigious catalogs including Rodgers & Hammerstein Theatricals, Tams-Witmark, Samuel French, and the Andrew Lloyd Webber Collection before this acquisition. The Nashville-headquartered company maintains offices across six cities worldwide and oversees a vast catalog of 1.3 million creative works spanning multiple entertainment formats.
The merger unifies approximately 150 titles and 400 authors previously shared between both companies. BLG's impressive roster includes Pulitzer Prize winners and renowned playwrights such as Arthur Miller, Tennessee Williams, Tom Stoppard, and Lauren Gunderson, alongside corporate entities like Hasbro and Harry Potter Theatrical Productions.
Sean Patrick Flahaven, Concord's Chief Theatricals Executive, emphasized the company's mission to champion authors and empower theater makers. Meanwhile, Dan Markley, BLG's Chief Operating Officer, expressed satisfaction in finding the right partner to protect their stakeholders' interests, particularly following BLG's expansion during the challenging pandemic period since its 2017 founding.
While financial terms remain undisclosed, both companies engaged prominent advisors for the transaction, with Concord working with Reed Smith and Barron International Group, while BLG utilized Goldman Sachs and Proskauer Rose for guidance through the merger process.
What are the Harry Potter Movies about and Where to Watch
The Harry Potter films chronicle the magical journey of Harry Potter, a young wizard confronting dark forces while discovering his legacy at Hogwarts. For those wondering where to watch harry potter , the series is available on streaming platforms like Peacock, Amazon Prime, and Apple TV, with options to rent or purchase digitally. Viewers encountering regional restrictions can use a VPN to unlock global libraries, ensuring access to the wizarding world’s adventures from any location.
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