Bicycle Music Company

The Bicycle Music Company was a music publishing company founded independently, and after growing for a number of years was merged with Concord Music Group in 2015. As of 2010, it owned or administered over 12,000 works from songwriters.

Bicycle Music
TypePrivate
IndustryEntertainment
SuccessorConcord
Founded1974
HeadquartersLos Angeles, California, New York, New York, Nashville, Tennessee, London, United Kingdom, Berlin, Germany, Miami, Florida,
OwnerWoodcreek Capital
Number of employees
24
Websitewww.bicyclemusic.com

Early history

The Bicycle Music Company was founded in 1974 by music publishing executive David Rosner, veteran of the CBS publishing division April/Blackwood Music and longtime publishing representative to singer-songwriter Neil Diamond. One of the company's early international hits was “Let Your Love Flow,” written by Neil Diamond's guitar technician, Larry E. Williams. Later, Rosner's son, Jonathan, joined Bicycle Music and expanded the company's contemporary writer relationships.[1]

In 2005, Rosner sold Bicycle Music to Clear Channel Entertainment and the latter's newly formed music rights acquisition company Sound Investors, LLC, owned by Clear Channel Entertainment executive Stephen Smith.[2] Concord's Chief Publishing Executive, Jake Wisely, joined the management team at the closing of the acquisition.[3] By the end of that year, following Clear Channel's decision to divest significant entertainment assets and spin off the balance of its holdings into a separately traded public company called Live Nation, Smith became the company's sole owner.[1]

A year later, Sound Investors contributed its interest in Bicycle to a new rights management partnership with Wood Creek Capital Management. By this time, Bicycle oversaw the publishing concerns of a catalog including Marvin Hamlisch,[4] Glen Ballard (recorded by Michael Jackson[5] and Alanis Morissette),[6] and many others.

By 2010, Bicycle Music had purchased additional song catalogs including artists Cyndi Lauper, Tammy Wynette, Ozomatli, Marshall Goodman (co-wrote for Sublime and Long Beach All-Stars), Dwight Yoakam, Montell Jordan, and more.[1] in April 2010, Bicycle acquired part of the TVT Records catalogue, including Pretty Hate Machine by Nine Inch Nails.[7]

In October 2013, The Bicycle Music Company acquired the catalogue of Wind-Up Records and partnered with Concord Music Group to distribute the catalogue.[8] Concord and Bicycle merged in April 2015, and Concord acquired the rest of Wind-Up in May 2015.[9]

Concord Bicycle Music

Bicycle Music had completed over 100 publishing and master recording catalog deals by 2015.[10] That year, the Bicycle Music Company was merged with Concord Music Group to form the fully-integrated global music company called Concord Bicycle Music.[11]

References
  1. Christman, Ed (January 9, 2010). "Breaking Away Amid Slowing Acquisitions, Bicycle Music Shifts Into High Gear". Billboard. Retrieved 27 December 2019.
  2. Sisario, Ben (June 2, 2017). "Concord Bicycle Music Adds to Its Catalog, Acquiring Imagem Music Group". NY Times. Retrieved 16 January 2020.
  3. Parisi, Paula (June 2, 2017). "Concord Bicycle Acquires Imagem, Creating One of the World's Largest Music Companies". Variety. Retrieved 16 January 2020.
  4. Haar, Dan (March 28, 2013). "Concord Music Acquisition Boosts Star Power For New Haven Firm". Hartford Courant. Retrieved 21 January 2020.
  5. "Michael Jackson Remembered: Glen Ballard on Making "Man in the Mirror"". Rolling Stone. July 9, 2009. Retrieved 29 January 2020.
  6. Rachel, T. Cole (September 29, 2015). "Q&A: Super-Producer Glen Ballard On Jagged Little Pill, "Man In The Mirror," & His Other Classic Recordings". Stereogum. Retrieved 29 January 2020.
  7. https://completemusicupdate.com/article/la-publisher-buys-early-tvt-recordings/
  8. https://www.billboard.com/articles/business/5777964/bicycle-music-acquires-wind-up-records-back-catalog-cuts
  9. https://www.musicbusinessworldwide.com/concord-acquires-wind-up-and-fearless-after-100m-investment
  10. Ingham, Tim (August 30, 2018). "CONCORD HAS SPENT OVER $1BN ON ACQUISITIONS IN THE PAST 14 YEARS. MEET THE EXEC SNIFFING OUT THE DEALS". Music Business Worldwide. Retrieved 21 January 2020.
  11. Christman, Ed (April 1, 2015). "Concord and Bicycle Merge to Form Concord Bicycle Music, Acquires Vanguard and Sugar Hill Records". Billboard. Retrieved 21 January 2020.
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