Sony also may opt to form a partnership with another party to fund the acquisition, including Koppelman, the former chairman of EMI, who is backed by Goldman Sachs and is seeking to acquire music-publishing catalogs.
Koppelman made a bid last year for Warner Music's publishing arm, Warner Chappell, and is believed to be considering a deal to acquire Jackson's stake in Sony/ATV. Jackson paid $47.5 million in 1985 to acquire the Beatles' publishing rights, and in 1997 reached a deal to partner with Sony.
MUSIC REVENUE TOPPED $17B IN 2023: RIAA
Streaming subscriptions lead the charge. (3/27a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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