Who Owns Concord?
Updated onExplore the ownership hierarchy of Concord. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Concord
Concord is an independent American entertainment company that develops, manages, and acquires sound recordings, music publishing, theatrical rights, and film/TV content.
State of Michigan
Official website of the State of Michigan government, providing access to state services, departments, agencies, and information for residents, businesses, and visitors.
Concord
Concord is an independent American entertainment company that develops, manages, and acquires sound recordings, music publishing, theatrical rights, and film/TV content.
State of Michigan
Official website of the State of Michigan government, providing access to state services, departments, agencies, and information for residents, businesses, and visitors.
Major Shareholders
Concord
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
State of Michigan Retirement Systems (SMRS) US public pension complex for Michigan state employees, teachers, police, and judges. Widely reported as holding approximately 93% of Concord’s equity and described as its long‑term majority backer in industry and pension‑fund reporting through at least 2024. The precise percentage has not been updated publicly since it was first disclosed, but SMRS continues to be cited as Concord’s controlling owner. | Government | 93.0% | 93.0% | — |
Management and other minority investors (incl. Concord executives and investment partners) Represents the residual ownership not held by SMRS. Music‑industry coverage describes Concord as ‘minority owned by members of its management’, and earlier reports cite an investor group including Barings Alternative Investments, Sound Investors and other institutional/individual partners. Individual stakes are not publicly broken out; ~7% is inferred as 100% minus SMRS’s reported 93% stake and should be treated as approximate. | Other | 7.0% | 7.0% | — |
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