Warner Music is interested in purchasing David Bowie’s songwriting catalog, for approximately $200m, per a report in The Financial Times.
Warner is currently raising $535m through senior secured notes, which is said to be in support of the Bowie acquisition, among others, according to FT sources. First reported last month, the deal is said to be in “advanced talks.”
The acquisition would expand Warner’s relationship with the Bowie estate. In September, the company struck a deal for his 21st century works, giving it control from 2023 onward of all five decades of his recordings.
THE COUNT: COACHELLA, FROM THE COUCH
The coziest way to experience the fest (4/18a)
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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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