WARNER MUSIC GROUP AND BAIN CAPITAL ANNOUNCE LAUNCH OF JOINT VENTURE TO INVEST UP TO $1.2 BILLION IN ICONIC MUSIC CATALOGS
Warner Music Group (NASDAQ: WMG), the global music entertainment company, andBain Capital, a leading global private investment firm, are launching a joint venture to allow for the purchase of up to $1.2 billion of legendary music catalogs across both recorded music and music publishing. The partnership was formed through equal equity commitments from WMG and […]