Storied label sells masters catalog to Bicycle Music, while Concord looks to market records.

Bicycle Music's acquisition of Wind-up's master recordings catalog and the plan to let sister company Concord Music Group market the records firmly establishes the Wood Creek Capital Management-­financed amalgamation of music companies as a force to be reckoned with in back catalog.

At the same time, the deal reinforces a well-financed Wind-up Records, which will be moving forward aggressively in signing new developing artists, albeit without the safety net of a back-catalog income stream.

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