Tag: fund

Reservoir Media plans $100M offering to fund acquisitions, debt repayment

admin — Wed, 01 May 2024 10:26:48 +0000

The move signals Reservoir's ambition to fuel further growth through acquisitions while reducing its debt

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Blackstone launches $1.57 billion bid for Hipgnosis Songs Fund; HSF board recommends offer to shareholders

admin — Mon, 29 Apr 2024 08:03:05 +0000

With debt taken into account, Blackstone's latest offer values HSF at approximately USD $2.177 billion

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From the bidding war for Hipgnosis Songs Fund to ByteDance’s battle for TikTok in the US… it’s MBW’s Weekly Round-Up

admin — Fri, 26 Apr 2024 14:47:12 +0000

The five biggest stories to hit our headlines over the past seven days…

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After Concord bids $1.511bn for Hipgnosis Songs Fund, Blackstone tells HSF shareholders: Don’t move a muscle, we’ll be right back

admin — Thu, 25 Apr 2024 11:03:59 +0000

It's all about those "irreovcables"...

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Concord isn’t giving up on Hipgnosis Songs Fund, as it bids $1.51 billion – less than 1% higher than Blackstone’s proposed offer

admin — Wed, 24 Apr 2024 18:44:18 +0000

HSF's board is unanimously recommending this offer to shareholders

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Hipgnosis Song Management rubbishes criticism over its service to Hipgnosis Songs Fund – while warning it and Blackstone will deploy ‘all means necessary’ should HSF attempt to terminate its deal

admin — Mon, 22 Apr 2024 19:27:12 +0000

It basically says... Hey, HSF board – don't even think about firing us. But just in case you do, know that Blackstone will come down on you like a ton of bricks.

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Strap in. Blackstone is ready to bid $1.5 billion for Hipgnosis Songs Fund.

admin — Sat, 20 Apr 2024 14:17:09 +0000

To paraphrase Pink Floyd, Will the sun (Concord Chorus) be eclipsed by the moon (Blackstone)?

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Armin van Buuren’s Armada forms new parent company, acquires Amsterdam’s Cloud 9 Music, and targets $500m in new investments via its BEAT Music Fund

admin — Tue, 16 Apr 2024 13:23:14 +0000

The newly-formed Armada Music Group will encompass Armada’s label, publishing and investments arms

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Cutting Edge Group secures $500m to fund music rights acquisitions

admin — Mon, 15 Apr 2024 11:59:11 +0000

Cutting Edge said it has already identified a "circa USD $1.5 billion pipeline" of potential investments

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Snafu Records pledges $1M to bridge gender gap in music industry with Women’s Creator Fund

admin — Mon, 18 Mar 2024 11:21:14 +0000

The AI-driven record company is setting up a fund and a support network for women creators in music

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Audacy secures court approval to emerge from bankruptcy with Soros Fund as top shareholder

admin — Mon, 26 Feb 2024 11:39:09 +0000

The second-largest radio broadcaster in the US is working to drastically reduce a $1.9 billion debt

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Cinq Music raises $250m from parent company GoDigital to fund acquisitions – with an eight-figure ‘marquee’ catalog acquisition already in the pipeline

admin — Mon, 12 Feb 2024 19:35:18 +0000

The significant capital raise arrives as heat appears to be reentering the blockbuster music rights acquisition space

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Hipgnosis Songs Fund shareholders vote in favor of giving £20m ‘bung’ to bidders on its catalog

admin — Wed, 07 Feb 2024 13:42:44 +0000

Decision could result in multiple companies each being paid £20 million by UK-listed fund

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