Two industry-leading, independent and like-minded music companies, The Really Useful Group and Concord Bicycle Music, have joined forces in an innovative new partnership, designed to provide best-in-class services to the creators of musical theatre works: The Musical Company (TMC).
Operating from Really Useful Group and Concord Bicycle Music offices in London and New York, respectively, TMC will be owned by Andrew Lloyd Webber, Concord Bicycle Music and The Really Useful Group.
Sean Patrick Flahaven will be TMC’s founding CEO. For the past eight years, Flahaven has enjoyed success as Warner/Chappell Music’s senior vice president, Theatre and Catalog Development. He has been a producer on nine albums nominated for Grammy Awards – including this year’s Grammy-winning, Platinum-selling, chart-topping smash hit, Hamilton. Prior to Warner, he was a producer, music director, orchestrator, composer, playwright, and professional and amateur licensing executive.
At inception, The Really Useful Group has appointed TMC as exclusive agent to manage professional and amateur performance licensing of the works jointly owned by Andrew Lloyd Webber and Tim Rice – Joseph and the Amazing Technicolor Dreamcoat, Jesus Christ Superstar and Evita, plus Lloyd Webber’s solo repertoire including The Phantom of the Opera, Cats, School of Rock, Starlight Express and Sunset Boulevard. Lloyd Webber now has three shows playing on Broadway simultaneously, along with 36 productions playing around the world.
On behalf of the venture, CEO Jake Wisely and the Bicycle Music Company publishing team will also manage and administer Lloyd Webber’s original song portfolio worldwide, including ‘Memory’, ‘The Music of the Night’, ‘All I Ask of You’, ‘The Phantom of the Opera’, ‘Think of Me’, ‘Pie Jesu’, ‘Love Changes Everything’ and hundreds more.
Comparably, Concord Bicycle Music currently manages songs and recordings by a diverse and eclectic portfolio of talent that includes Paul McCartney, George Harrison, James Taylor, Paul Simon, R.E.M., Ray Charles, Creedence Clearwater Revival, John Coltrane, Billie Holiday, St. Vincent, Miles Davis, Joan Sebastian, Robert Johnson, Carole King, Cyndi Lauper, Nine Inch Nails, Tony Bennett, Evanescence, Dwight Yoakam, The Traveling Wilburys and more.
At the launch of the partnership, Concord Bicycle Music also named TMC as the manager of its interests in the works of Pulitzer, Emmy, Grammy, Oscar and Tony winner Marvin Hamlisch, including songs, film scores and the musicals A Chorus Line, They’re Playing Our Song, The Goodbye Girl and Sweet Smell of Success.
Breaking the news on behalf of the partners, Concord Bicycle Music chairman Steve Smith explains: “TMC enters the market with a unique and superior skillset in support of musical theatre creators: professional and amateur licensing, music publishing and original cast recording. Exceptionally well-capitalised. Asset rich. Under one roof. Worldwide. And determined to both create new opportunities for, and preserve long-term value of the works of its affiliated writers and rights holders.”
Andrew Lloyd Webber adds: “Steve Smith and his team at Concord Bicycle Music have distinguished themselves as both proactive advocates for creators, and quality stewards of artistic legacy. We are extremely enthusiastic about collaborating with them to create an exceptional, multi-disciplinary theatrical music rights management company.”
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