Sony Closes in on a Music Rights Deal Covering Shakira, Journey, Neil Young, Justin Bieber, and More
The joint venture would pay up to $4 billion for a catalog of more than 45,000 songs, people familiar with the talks said.
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Sony Wants to Spend $4B on Justin Bieber and Neil Young Songs — Here's Why They Are Worth So Much
Sony Music Group is finalising a deal to acquire Blackstone's Recognition Music Group for between $3.5 billion and $4 billion (£2.57 billion to £2.94 billion), in what would rank as one of the largest music rights transactions on record, The Straits Times reported, citing people familiar with the negotiations. The acquisition would be structured through a joint venture between Sony and Singapore's sovereign wealth fund GIC, which the two parties…
Sony Music is putting the finishing touches on a deal to acquire the music catalog of Blackstone Inc., which includes music by Justin Bieber and Neil Young, among others. According to some sources, this is one of the largest transactions in music history.
Sony Music is finalizing an agreement to acquire Blackstone's music catalogue, which includes works by Justin Bieber and Neil Young, in one of the largest such operations in the history of music according to Bloomberg.Sony is in exclusive negotiations to acquire Recognition Music Group, which owns or manages the rights of more than 45,000 songs. Sony plans to purchase Recognition through a joint venture with Singapore's sovereign fund GIC, which…
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