Tag: fund

FireAid defends $100M fund distribution, hits out at ‘misinformation’, amid growing political scrutiny
Organizers of the FireAid benefit concert said the remaining $25 million is expected to be distributed by year-end. Source...

Recognition Music Group plans $372m bond sale – as value of catalog once known as Hipgnosis Songs Fund continues to balloon
Blackstone-owned Recognition owns the portfolio of music rights built by Merck Mercuriadis at HSF Source...

Warner Music Group and Bain launch $1.2 billion fund to buy rights; each party owns 50% of venture
WMG CEO Robert Kyncl said: 'Augmenting our deep expertise and global infrastructure with Bain Capital’s financial prowess and belief in music will make us the destination of choice for preeminent ca...

K-pop agencies HYBE, SM Entertainment and more agree to subcontract reforms after FTC probe
Each company will contribute KRW 200 million to create a KRW 1 billion mutual cooperation fund for suppliers. Source...

Yamaha launches $50m fund to power music and media startups
The fund is meant to cement Yamaha's “leadership position as an innovator in the fields of sound and music” Source...

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