Music rights deals: Concord buys Downtown for $400 million, Blackstone to buy eOne for $385 million

Concord Music Publishing announced the purchase of Downtown Music Holdings’ entire portfolio of 145,000 owned and co-published music copyrights for an estimated $400 million, Music Business Worldwide reports. Numerous artists are included in the deal: Adele, Aretha Franklin, Beyoncé, Blake Shelton, Bruno Mars, Carrie Underwood, David Bowie, Eric Clapton, the Grateful Dead, Jay-Z, Lady Gaga, Madonna, Maroon 5, Marvin Gaye, Mary J. Blige, Mos Def, Mötley Crüe, New Order, Rage Against the Machine, Ray Charles, Santigold, Sam Smith, Stevie Wonder. Also in the songs rights news, financial giant Blackstone is about to acquire Entertainment One Music (eOne Music) $385 million in cash, according to MBW. The eOne music label features artists such as Snoop Dogg, Wu-Tang Clan, the Lumineers, Kaytranada, Cypress Hill, the Game, High on Fire, Tegan and Sara...