The New York Times recently published “An Indie That Believes in CDs,” an article about the Concord Music Group and their continuing success. Glen Barros, Concord’s chief executive, says their label focuses on older folks, those who are committed to “timeless and authentic” music as well as great sound quality. This, in addition to their more balanced business model – all albums in their catalog pull their own weight – has Concord on track to make more than $100 million in revenue this year.
“The future of the music business is very bright,” Mr. Barros said. “People want to listen to great music.”