Get the latest gossip
Warner Music and Bain Capital Launch $1.2 Billion Catalog Acquisition Venture
Warner Music and Bain Capital announce a $1.2 billion joint venture aimed at acquiring music catalogs, including recorded music and publishing rights
First reported by Billboard, the strategic alliance — jointly funded by both firms — aims to provide support for artists and songwriters while amplifying the impact and longevity of their creative legacies. “Augmenting our deep expertise and global infrastructure with Bain Capital’s financial prowess and belief in music will make us the destination of choice for preeminent catalogs.” The move reflects a broader industry trend, as major music companies seek outside capital to remain competitive amid rising catalog valuations and high interest rates.
Or read this on Billboard