David Bowie: Singer's estate sells rights to his entire body of work to WCM
Warner Chappell Music say they are "immensely proud" to be "chosen as caretakers".
Source: bbc.co.uk
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Lyric & Northleaf Launch $300M Bond Backed by Pete Townshend, Tim McGraw Royalties
A sub-section of Spirit Music Group’s catalog comprising over 52,000 compositions and recordings will back the bonds.
Source: power991fm.com
Lyric & Northleaf Launch $300M Bond Backed by Spirit Music Royalties – Billboard
Northleaf Capital will raise $303.8 million through bonds backed by Spirit Music royalties including those of Pete Townshend and Tim McGraw.
Source: billboard.com
David Bowie's back catalogue being sold for $200m
Legendary musician's estate the latest to capitalise on investor demand for rights to popular hits
Source: telegraph.co.uk
Big Investors Pouring Money Into Music Business
Less than a month after a $54 billion stock spinoff by Universal Music, three of the world's biggest private equity players are making billion-dollar bets on the business.
Source: billboard.com