Sony Music Nears Blackstone Catalog Acquisition
Sony Music is reportedly finalizing a deal to acquire a music catalog from Blackstone. The catalog includes works by artists Justin Bieber and Neil Young. The acquisition is described as one of the largest deals in music history. The news comes as the S&P 500 rose by 1.1%.
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Sources · 7 independent
Bloomberg Radio
“Sony Music said to be finalizing a deal to acquire a music catalog from Blackstone that includes the works of Justin Bieber and Neil Young.”
Business FM Russia
“Sony Music Group близка к соглашению о покупке у инвестфонда Blackstone каталога песен в США.”
MCOT FM 100.5 News
“Sony Music Group nears Blackstone catalog acquisition.”
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