Concord Music Group has merged with Village Roadshow Pictures Group, forming Village Roadshow Entertainment Group.
The businesses expect the companies will complement each other, merging Concord’s music with VRPG’s motion picture content. Concord was already an amalgam of Concord Records, Fantasy Inc. and Telarc International Corporation, which merged between 2004 and 2005.
It recently launched Hear Music, a joint venture with Starbucks Entertainment. Concord co-owners Norman Lear and Hal Gaba also own VREG’s media investment firm Act III.