Concord Music Publishing has acquired a major stake in the hits-laden catalog of Grammy-winning pop-rock outfit Imagine Dragons. According to a source familiar with deal, Concord purchased the band's shares of its back catalog while Universal Music Publishing Group has retained its portion. The band remains with UMPG for future works.
The Las Vegas group is one of the most popular acts in their lane, with 16 hits on the Billboard Hot 100 (including four Top 10s), a No. 1 album on the Billboard 200 and the fire-power to play arenas around the globe.
Led by Dan Reynolds, Imagine Dragons won a Grammy for best rock performance in 2012 for “Radioactive,” lifted from their Night Visions debut. Along with Evolve and Origins, it’s one of three LPs from the band to peak at No. 2 on the Billboard 200, while 2015’s Smoke + Mirrors hit the top spot.