Concord Bicycle Music and Razor & Tie founders Cliff Chenfeld and Craig Balsam have formed new company Razor & Tie Enterprises LLC. 

As part of a worldwide agreement between the two sides, Concord Bicycle Music will acquire a significant stake in the new company, administer Razor & Tie Music Publishing, provide strategic resources and support the further expansion of the Kidz Bop brand. The company will provide these services through both its publishing division, Bicycle Music, and its recorded music ...