News MBW understands that the deal is set to be confirmed by end of 2017 News Capacity more than quadrupled at UK distributor News Exec previously worked at Concord Music News WINTEL report claims independents have a 38.4% market share in copyright ownership terms News Steve Vining will continue in A&R consultancy role at Concord News London-based independent also picks up Groundhogs recordings as part of divestment process News Scott Pascucci and his senior team set out fast-growing company's strategy