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Thursday, March 6, 2014

Rounder Records Completes Move to Nashville

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ROUNDER RECORDS COMPLETES MOVE 
TO NASHVILLE
Concord Music Group Acquires Treasured Children's Label Music For Little People, 
Imprint Will Operate Under Rounder 

FOR IMMEDIATE RELEASE - MARCH 6, 2014 - Rounder Records, a division of leading independent music company Concord Music Group, today announced the completion of the company's relocation from its longtime base of Boston, Massachusetts to its new home in Nashville, Tennessee.  The region's vibrant creative community and dynamic business environment offer Rounder an enormous opportunity to build on its legacy as one of America's most revered music labels.  Located in The Gulch, Nashville's popular shopping and entertainment district, Rounder's new headquarters (1209 Pine Street, Suite 100, Nashville, TN 37203) is centered in the heart of the city's thriving metropolitan core.

A major force in a broad range of musical genres including Americana, bluegrass, country, folk, rock, Cajun/Zydeco and children's music, Rounder Records has helped shape American roots music for over 40 years. Its outstanding artist roster includes Alison Krauss, Steve Martin, RUSH, Gregg Allman, Raffi, Mary Chapin Carpenter, Carlene Carter, Steep Canyon Rangers, Tony Trischka and rising stars such as J.D. McPherson, Della Mae and others.

Concord Music Group and Rounder are additionally delighted about the effort to broaden their presence in children's entertainment, anchored by the recent acquisition of the beloved record label Music For Little People.  The company will operate as an imprint under Rounder, which shares a long and complementary history in children's music.  A premiere children's music showcase for 25+ years, Music For Little People releases have featured artists such as Willie Nelson, Faith Hill, Taj Mahal, Los Lobos, Laurie Berkner, AC/DC's Brian Johnson, Pete Seeger and Ladysmith Black Mambazo, to name but a few.  Music For Little People founder Leib Ostrow will continue to be an essential contributor to the label going forward.  A slate of new projects is scheduled for release in 2014 and beyond.

Headed by President John Virant, Rounder's Nashville team includes Vice President of A&R Scott Billington, newly appointed Vice President of A&R Tracy Gershon and Director of Project Management Eliza Levy.  Rounder will continue to be supported by Concord's integrated national sales and marketing services.

Rounder Records founders, Ken Irwin, Bill Nowlin and Marian Leighton Levy remain in the Boston area and continue to be actively engaged in the company, producing and consulting on various Rounder projects.

"Rounder has always been driven by the music, and we're thrilled to have the opportunity to contribute and be part of the Music City community," said Rounder President John Virant.

"In many ways, the move to Nashville feels like a natural transition," stated Concord Music Group President and CEO Glen Barros.  "The region's deeply rooted, artist friendly culture and its surrounding business community make it the ideal home for Rounder.  Additionally, Music For Little People is a great label that will strengthen Rounder's commitment to quality entertainment for children.  We couldn't be more excited about this next chapter in the company's incredible story."

About Rounder Records:
Rounder has been at the center of American roots music 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.

About Concord Music Group:
Based in Beverly Hills, CA privately held Concord Music Group, is one of the largest independent record and music publishing companies in the world and owner of a rich and historically significant catalog of recordings. A small sampling of the company's active roster includes such renowned artists as Sir Paul McCartney, Paul Simon, Alison Krauss, Chick Corea, James Taylor, Booker T. Jones, George Benson, Steve Martin, Valerie June, Christian Scott, Gregg Allman, Elbow, Ben Harper and Esperanza Spalding.  Concord's stellar catalog includes legends such as John Coltrane, John Fogerty, Creedence Clearwater Revival, Ray Charles, Miles Davis, Little Richard, Otis Redding, Thelonious Monk, Isaac Hayes, Ella Fitzgerald and Tony Bennett, among many others. The company's celebrated family of labels includes Concord Records, Concord Jazz, Hear Music, Fantasy, Stax, Milestone, Riverside, Specialty, Telarc, Heads Up, Prestige and famed American roots label Rounder Records.

The group's artists and music have won over 200 GRAMMY® Awards, an affirmation of the company's mission to enrich lives by providing enduring music in creative and innovative ways. Concord Music Group's releases are distributed throughout the world by Universal Music Group and are regularly licensed for use in major motion pictures, television and advertising.

In March of 2013, Wood Creek Capital Management, LLC acquired Concord Music Group in partnership with an individual investor group that includes members of Concord's senior management. As an investment manager at the forefront of intellectual property investing, the investment in Concord underscores Wood Creek's belief in the lasting and appreciating value of great music content around the globe.

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