“The merger consideration was $400 million in cash, subject to adjustment for working capital, cash, indebtedness and expenses.”
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Category archives: News
From Rob Stringer’s big bet on Springsteen to Michelle Jubelirer taking the Chair: It’s MBW’s Weekly Round-Up
The biggest stories of the week – and why they matter
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The important detail of Bruce Springsteen’s $500m-plus catalog sale to Sony Music Group
Sony had a co-investor in the acquisition of publishing rights: Todd Boehly’s Eldridge Industries
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George Michael estate renews global deal with Warner Chappell Music UK
George Michael sold more than 125 million records worldwide
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Downtown Music Holdings names new global finance and investment team
Jan Peter Kerstens, named Downtown CFO; Alan Goodstadt, named Chief Investment Officer and Becca Klein appointed Vice President, Financial Planning & Analysis
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Sony Music Middle East and Spotify rival Anghami launch JV record label, Vibe Music Arabia
Rami Zeidan will be leading Vibe Music Arabia as General Manager
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Don’t sleep on the creator revolution: Bandlab valued at $303m as it raises $53m
BandLab is the flagship product of BandLab Technologies, a division of Singapore-based Caldecott Music Group (CMG)
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Warner buys 300 Entertainment for around $400m
Hip-hop label is home to artists like Megan Thee Stallion, Gunna, and Young Thug
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Concord Music Publishing acquires catalog of Country singer-songwriter Andy Albert
Songwriter also inks worldwide publishing deal covering full acquired catalog and future works
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Music’s first $500m artist catalog deal finally arrives as Bruce Springsteen sells rights to Sony
Springsteen reportedly sells masters and publishing rights to Sony Music
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