Headlines: Deals, Deals, Deals

  in Industry News

Aug 25, 2020

It's deal time in the music business, and more companies raise more money to buy up music rights.

Concord Raises Another $600M Via J.P. Morgan-Placed Debt Offering (MBW)

The new raise makes Concord one of the best-funded parties in the burgeoning music M&A sector, where its rivals include the likes of Hipgnosis Songs Fund, Downtown, Primary Wave, Round Hill, Kobalt Capital, Tempo Music Investments and Reservoir.

TikTok Makes A Deal (NYT)

By partnering with UnitedMasters, the app is aiming to bolster its appeal to independent-minded artists who operate outside the traditional industry machinery.

One Media IP Group Raises $8 Million To Buy Music Rights (MBW)

The company plans to buy copyrights in performance and writers shares, primarily through its Harmony iP asset release program.