Sony Music Publishing Acquires Recognition Music Group Catalog in Billion-Dollar Deal
Sony Music Publishing has acquired the entire catalog of Recognition Music Group in a deal reportedly worth over a billion dollars. The acquisition includes publishing rights to numerous hit songs by artists such as Fleetwood Mac, Beyoncé, and Lady Gaga.
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Sony Publishing to Acquire Recognition Music in Billion-Plus Dollar Deal, Including Songs by Fleetwood Mac, Beyonce, Lady Gaga
As expected, Sony Music Publishing has announced an agreement to acquire the complete music rights portfolio of Recognition Music Group from funds managed by Blackstone, subject to customary closing conditions. Terms of the deal were not announced, but sources and Billboard have valued the catalog in the $2 billion range, although estimates vary widely. The […]
By Jem Aswad
Read full article →Sony Music Publishing Acquires Recognition Music Group
The deal gives Sony rights to 45,000 songs including hits from the likes of Red Hot Chili Peppers, Fleetwood Mac and Justin Bieber among others.
By Ethan Millman
Read full article →Sony Music Publishing Acquires Recognition Music Group’s Complete Catalog
Following reports that Sony Music Publishing was looking to acquire Recognition Music Group’s catalog from Blackstone, the companies formally announced the deal.
By Ariel King
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