Downtown Lays Off Unspecified Number of Nashville Staffers After Concord Acquisition

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Downtown Lays Off Unspecified Number of Nashville Staffers After Concord Acquisition
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Just days after Downtown Music sold nearly 150,000 publishing copyrights to Concord, the company has laid off an unspecified number of staffers in its Nashville office. Among the affected employee…

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, the company has laid off an unspecified number of staffers in its Nashville office. Among the affected employees was executive VP Steve Markland, the highest-ranking member of the Nashville team; the news was first reported by Billboard.’s 145,000-song publishing copyrights on Monday, Downtown has let go a number of its Nashville employees, including executive vp A&R Steve Markland, who was the highest ranking staffer in the office.

“As part of Downtown’s strategic shift towards music services, a limited number of job functions have been deemed redundant. Where possible, we are looking for opportunities to reassign impacted employees elsewhere within the organization or with other employers. We have decided to end our lease in our physical Nashville offices, which were designed primarily for creative operations, and explore our options to support the needs of our ongoing business.

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