Sony Music Publishing to buy Recognition Music catalog; source says ...
- On Monday, Sony Music Publishing announced it will acquire Recognition Music Group's entire catalog of more than 45,000 songs from Blackstone, gaining rights to hits spanning multiple genres and decades.
- Sony structured the deal in partnership with Singapore sovereign wealth fund GIC, announced earlier this year, aimed at acquiring and growing premium music catalogs across global markets and genres.
- The catalog includes streaming rights for Journey's "Don't Stop Believin'," Beyonce's "Single Ladies ," Lady Gaga's "Bad Romance," and Leonard Cohen's "Hallelujah."
- Valued at about $4 billion, the transaction drew praise from Sony Music Chairman Rob Stringer, who said, "We are so proud and excited to represent this incredible catalogue."
- Recognition, formerly Hipgnosis Songs Fund, was acquired by Blackstone in 2024 for $1.6 billion; Recognition Music Group CEO Ben Katovsky called the Sony transition a milestone for the catalog.
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Sony Music will buy iconic song rights from Beyoncé, Leonard Cohen and other music giants from Blackstone investment manager, in an agreement valued at about $4 billion.
Sony Music will acquire the iconic music rights of Beyoncé, Leonard Cohen and other music giants of the Blackstone investment company, in a business valued at about $4 billion. The purchase of the Recognition catalog, based in London and with a collection of over 45,000 songs, is part of Sony's partnership with Singapore's GIC investment company. Financial Times has reported that the business is valued at about $4 billion, citing a person famili…
Sony Music Publishing has announced the acquisition of the collection music rights portfolio, owned by the Blackstone fund, worth $4 billion, equivalent to about 3.4 billion euros. The purchase covers more than 45,000 songs by authors such as Leonard Cohen, Beyoncé, Red Hot Chili Peppers, Shakira, Mariah Carey or Lady Gaga.
Sony Music buys Recognition's vast song catalogue, including Beyonce, Lady Gaga, Journey and more
The transaction positions Sony for streaming payments for hit songs ranging from Journey’s “Don’t Stop Believin’” and Beyonce’s “Single Ladies (Put A Ring On It)” to Lady Gaga’s “Bad Romance” and Leonard Cohen’s “Hallelujah”
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