ABA M&A Committee Meeting– 2024 Predictions Warming Up In Laguna Beach - M&A/Private Equity
We had a great time at the ABA Business Law Section M&A Committee Meeting in beautiful Laguna Beach.
Source: mondaq.com
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Concord Buys Downtown Music's Publishing Catalog
Courtesy of Concord The deal is estimated at $350 million for rights including shares in "Dancing in the Streets," "Moves Like Jagger" and more. Concord has acquired Downtown Music's 145,000-song publishing copyrights, the companies announced Monday (April 26), including shares in "Dancing in the Streets," "Moves Like Jagger," "Green Onions," "Halo," "Stay With Me" and "Shallow." Concord also gets the contracts of Downtown Music's existing songwriter roster. Terms of the acquisitions were not disclosed, but Billboard estimates the assets being sold carry a $350 millionÂ...
Source: billboard.com
Concord Acquires 145,000 Song Catalog From Downtown Music
Downtown will leave the ownership business and focus on music services exclusively Brian Welk | April 26, 2021 @ 10:12 AM Warner Bros. Downtown Music Holdings has sold its publishing library of 145,000 songs, including tracks by Beyoncé, Lady Gaga, Jay-Z and more, to Concord Music Group. It’s the latest example of the sale of a large music catalog as the industry has seen a flurry of sales for record multiples. But instead of an artist directly selling their own music library to a private group, another company is now getting out of the music ownership business entirely at a point when th...
Source: thewrap.com