Sony Set to Pay $4b for Bieber, Neil Young Catalogue

Sony set to pay $4b for Bieber, Neil Young catalogue

Sony Music is finalising a deal to acquire a music catalogue from Blackstone that includes works of Justin Bieber and Neil Young in one of the largest such...

Sony Wants to Spend $4B on Justin Bieber and Neil Young Songs — Here's Why They Are Worth So Much

Sony Music Group is finalising a deal to acquire Blackstone's Recognition Music Group for between $3.5 billion and $4 billion (£2.57 billion to £2.94 billion), in what would rank as one of the largest music rights transactions on record, The Straits Times reported, citing people familiar with the negotiations. The acquisition would be structured through a joint venture between Sony and Singapore's sovereign wealth fund GIC, which the two parties…

Sony, GIC near up to $5 billion deal for music catalogue including works from Bieber, Young: Sources

Sony is reportedly in talks to buy plans to buy Recognition Music Group through a joint venture with GIC. Read more at straitstimes.com.

Sony closes in on a music rights deal covering Shakira, Journey, Neil Young, Justin Bieber, and more

Sony Group is in talks for a $3.5B–$4B music rights deal with Blackstone/GIC, targeting 45K songs.

Sony Music & Singapore's GIC to pay nearly US$4 billion for Justin Bieber, Neil Young catalogue

Sony Music is reportedly closing in on one of the biggest music catalogue acquisitions in recent history. According to sources familiar with the matter, Sony is currently in exclusive negotiations to acquire Recognition Music Group — a company that either owns or manages the rights to more than 45,000 songs, including works by Justin Bieber and Neil Young. The deal is expected to be made through a joint venture between Sony and Singapore’s sover…