Sony Music to Acquire Recognition Music Catalog for $4 Billion

Sony Music Publishing is set to acquire Recognition Music's catalog, which includes over 45,000 songs from artists like Beyoncé and Rihanna. The deal, valued at approximately $4 billion according to a source, aims to expand Sony’s music rights portfolio amid growing demand for premium content in streaming platforms.

By https://www.facebook.com/CNBC · CNBC ·

Sony Music to Acquire Recognition Music Catalog for $4 Billion

Tickers: $AMZN $BX $SONY $SPOT $WMG

Topics: Beyonce Blackstone Fleetwood Mac music rights Rihanna Sony Music Publishing

Read the full article at CNBC

More World news