Tag: music

Blackstone tops Concord's bid for Shakira music owner Hipgnosis

 stock analyst  04/22/2024  0 Comments on Blackstone tops Concord's bid for Shakira music owner Hipgnosis

(Reuters) -Blackstone made a potential offer to buy Hipgnosis Songs Fund for about $1.5 billion, outbidding Apollo-backed Concord and triggering a takeover battle for the owner of music rights by artists including Shakira and Red Hot Chili Peppers.

 Posted in: u.s. stock market today  Tagged: , , , , , , , , , ,

Concord to buy Hipgnosis Songs Fund in $1.4 billion music rights deal

 stock analyst  04/18/2024  0 Comments on Concord to buy Hipgnosis Songs Fund in $1.4 billion music rights deal

(Reuters) -Nashville-based independent music company Concord has agreed to buy British song investor Hipgnosis Songs Fund for $1.40 billion, the companies said on Thursday, gaining rights to the catalogues of artists including Shakira and Neil Young.

 Posted in: u.s. stock market today  Tagged: , , , , , , , , , , , , ,