Sony Music Group Strikes $4 Billion Deal for Recognition Music Catalogue
Sourced from 6 publications
- •Sony Music Group and GIC are jointly acquiring Recognition Music Group's catalogue of over 45,000 songs from Blackstone for roughly $4 billion.
- •The catalogue includes high-profile compositions such as Leonard Cohen's 'Hallelujah.'
- •The deal ranks among the largest music rights acquisitions and reflects sustained institutional demand for song catalogues as revenue-generating assets.
- •Blackstone's sale establishes a significant valuation benchmark for large music portfolios.
Sources
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
enidnews
Universal Music Group N.V. Reports Weekly Transactions under its €500 Million Sh...
norfolkdailynews
Solvay reports share buyback in the context of its long-term incentive plans
globenewswire
QUADIENT SA: Monthly information on number of shares and voting rights
globenewswire_fr
Universal Music Group N.V. Reports Weekly Transactions under its €500 Million Sh...
nynewsly
Sony Music Group, via its JV with Singapore's wealth fund GIC, agrees to buy Rec...
mediagazer
Curated from 6 sources. Every summary is reviewed for accuracy, but may still contain errors. We always link to original sources for verification.
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