by Goldmine Staff — The Concord Music Group today announced the acquisition of storied Massachusetts-based independent music label Rounder Records. Rounder, celebrating its 40th year as the world’s leading American roots music label, is a major force in a broad range of musical genres including bluegrass, Americana, singer-songwriter, Cajun & Zydeco and children’s music. Rounder possesses an extraordinary recorded catalog and current artist roster including bluegrass superstar Alison Krauss, singer-songwriter Mary Chapin Carpenter, banjo virtuoso Béla Fleck, actor/musician Steve Martin, jazz singer Madeleine Peyroux, the iconic Robert Plant, notable children’s artist/activist Raffi and country legend Willie Nelson, to name just a few.
Glen Barros, President and CEO of the Concord Music Group, said, “The combination of Concord and Rounder makes so much sense on a creative, strategic and cultural level. With the addition of Rounder, Concord is gaining a magnificent catalog of recordings, the opportunity to work with more of the world’s most amazing artists and a company filled with some great people. Plus, Rounder’s uncompromising commitment to authenticity and intense independent spirit is perfectly in line with everything that Concord is about.”
Rounder, founded in 1970 by Cambridge folkies, Irwin, Nowlin, and Leighton Levy, has been at the center of nearly all of the American roots revivals that have reshaped the music world in the last 40 years. The self-titled 1975 record by J.D. Crowe and the New South (featuring future stars Ricky Skaggs, Tony Rice and Jerry Douglas) revitalized bluegrass and inspired such modern superstars as Rounder’s own Alison Krauss, who is the most decorated female artist in the history of the Grammy® Awards and has also sold over eight million albums and DVDs. Her collaboration with Led Zeppelin front-man Robert Plant on the album Raising Sand emerged as one of 2007’s major critical and word-of-mouth sales success stories. The album was RIAA certified platinum in early 2008 and won five Grammy® Awards including Album and Record of the Year in 2009. An unequaled leader in the preservation and re-release of precious historic recordings, Rounder has brought the music of Jelly Roll Morton, Woody Guthrie, Lead Belly, the Carter Family, Jimmie Rodgers and Mississippi John Hurt back to vibrant life. In addition, their dazzling work on the epic anthologies from the Library of Congress and the Alan Lomax Collection has been universally respected and admired.
John Virant, President of Rounder, said “We’ve always been the little label that could, and our new affiliation with Concord – another fiercely independent organization that shares our core values -- ensures that we can remain true to our central calling: discovering and nurturing quality musical talent.”