Concord Music Publishing has acquired the catalog of pop/rock band Imagine Dragons. According to reports, the price for the deal was above $100 million.
Concord has reportedly acquired the writer’s share of the catalog, in addition to a co-publishing share. The other co-publishing stake is owned by Universal Music Publishing Group, which will continue as the catalog’s current administrator.
The Las Vegas-based band made their mark with their global smash hits “Radioactive” and “Demons” from their album Night Visions in 2012. Since then, the band has gone on to release three other critically acclaimed albums: Smoke + Mirrors (2015), Evolve (2017) and Origins (2018).
The band have sold 20 million albums worldwide, as well as 35 million singles in the U.S. Imagine Dragons have received a Grammy, 10 Billboard Music Awards, 3 American Music Awards, 1 MTV Video Music Award and 1 World Music Award.
Additionally, Imagine Dragons have four songs among the top 100 most streamed on Spotify that have surpassed one billion streams each; “Believer,” “Thunder,” “Demons” and “Radioactive.” “Radioactive” is also one of only 37 songs in history to be certified Diamond, or 10x Platinum, by the RIAA.