Business

No. 80: Scott Pascucci & Steve Smith | Power 100

Scott Pascucci, CEO, Concord Bicycle MusicSteve Smith, Chairman, Concord Bicycle Music

80

SCOTT PASCUCCI, 57

CEO, Concord Bicycle Music
Last Year's Rank: —

 

STEVE SMITH, 61

Chairman, Concord Bicycle Music
Last Year's Rank: —

Concord continued its shopping spree in 2015, ­purchasing the Vanguard, Sugar Hill and Fearless catalogs; the remainder of Wind-up Records; and a significant share of Razor & Tie's labels and publishing. It licensed worldwide rights for R.E.M.'s Warner Bros. ­catalog and, this year, signed a global ­publishing deal for George Harrison's songs. From 2013 to 2015, annual revenue increased from $82 million to $175 million.