Concord has officially acquired Broadway Licensing Global (BLG). Photo Credit: Erik Mclean
Concord has officially acquired self-described “global leader in theatrical licensing and distribution” Broadway Licensing Global (BLG).
The acquisition-minded Concord reached out with word of its latest purchase, the assets from which will become part of the seven-year-old Concord Theatricals unit. Most notably, this division will house BLG imprint Broadway Licensing, which licenses A Night with Janis Joplin and The Cher Show, to name a couple.
Likewise set to operate under the Concord Theatricals banner are Broadway Licensing Global subsidiaries Dramatists Play Service, Playscripts, and Stage Rights (A Cappella and Country Is: The Music of Main Street in Concert), the buyer indicated.
“At this time,” Concord elaborated on LinkedIn, “the customer experience remains unchanged. Customers should continue to work with their respective licensing houses.”
Though Nashville-based Concord (which recently touted the many 2025 Tony Award nominees in its catalog) didn’t dive into price-tag particulars, it did emphasize that the transaction excludes BLG’s Stageworks and Broadway On Demand.
The former imprint houses an “internal content development division” as well, while five-year-old Broadway On Demand, as its name suggests, brings the stage to the screen.
Concord (advised in the transaction by Reed Smith, Davis Wright Tremaine, and KPMG alike, with Barron International Group acting as the “exclusive financial advisor”) also took the opportunity to reiterate its theatrical presence.
Concord Theatricals is said to be “the only firm providing truly comprehensive services to creators and producers of plays and musicals,” referring to licensing, publishing, cast recording, and more.
Meanwhile, the involved parties opted to rattle off some of the many authors and rightsholders behind Broadway Licensing Global, advised here by Goldman and Proskauer Rose. Keeping the enthusiasm going in statements, execs drove home the deal’s perceived significance for Concord and the wider theater space.
(Side note on the executive front: Broadway Licensing founder and CEO Sean Cercone stepped away in March 2024, promptly launched a new company called Dramallama, and is apparently working on a play entitled “Sold Out.” “It’s about ambition, ego, power, and what happens when the spotlight turns off,” Cercone wrote on LinkedIn just this morning.)
“Concord’s mission is to champion authors by promoting and protecting their work and empowering theatre makers to help their shows reach audiences worldwide,” added Concord chief theatricals executive Sean Patrick Flahaven.
“Bringing together these catalogs combines 150 titles and 400 authors that are already shared between the companies, as well as creating new relationships,” the close to seven-year Concord exec proceeded in part.
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