Concord is the world's leading independent music company, operating under Alchemy Copyrights LLC. Founded through acquisitions and mergers, it develops, manages and acquires sound recordings, music publishing rights, and theatrical performance rights. The company supports over 125,000 artists and songwriters globally, with a catalog valued at more than $5 billion. Headquartered in Nashville with offices worldwide, Concord is majority owned by the State of Michigan Retirement System and led by CEO Bob Valentine.