KKR formalizes deal with BMG to buy music rights

KKR is joining forces with global music company BMG to pursue recorded music, music publishing and other music rights acquisitions in a collaborative agreement to be leading acquirers in any sort of music rights deals.

The deal would allow them to pursue music investments together as leading buyers of music rights with world-class catalog management capabilities and the ability to invest in transactions of all sizes. BMG’s deep industry knowledge and global capabilities in maximizing value for its artists will support KKR’s vast network, resources and deep experience as an investor in market-leading . . .

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