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No. 55: Scott Pascucci, Tom Whalley & Jake Wisely | Power 100
SCOTT PASCUCCI, 60
Chief label executive, Concord
JAKE WISELY, 48
Chief publishing executive, Concord
$350 MILLION REVENUE: While Pascucci personally endured a tough 2018 (his Malibu, Calif., home sustained significant damage from the catastrophic Woolsey Fire in November), the company he runs had a banner year, generating $350 million in revenue, according to Concord. On the recorded-music side, Whalley oversaw the release of former Journey frontman Steve Perry's first album in over 20 years, Traces, as well as efforts by Ghost, Nathaniel Rateliff & The Night Sweats and Esperanza Spalding. Meanwhile, under Wisely, Concord's publishing arm signed songwriter Justin Parker, a frequent collaborator with Lana Del Rey, and extended a deal with Mark Ronson. In addition to purchasing Latin music company Fania Records & Publishing and British label Independiente Records, the organization used the December acquisition of theater licenser Samuel French to launch Concord Theatricals. "We've continued our rate of growth without stumbling," says Pascucci, who also oversaw a yearlong celebration of Leonard Bernstein's 100th birthday that included over 3,500 performances of the composer's work. "The teams have all integrated really well."
SOCIAL ISSUE THAT KEEPS HIM AWAKE: (Pascucci) "The environment. The viability of our planet trumps every other issue."