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Market Chatter: Singapore's Temasek Interested in Acquiring Song Rights From Blackstone
Market Chatter: Blackstone Considers Possible Sale of Song Rights of Bob Dylan, Others
Blackstone (BX.US) is considering selling the music rights of songs by Bob Dylan and Adele, involving 3 billion dollars.
"Bloomberg" cited sources reporting that Blackstone (BX.US) has hired financial advisors to explore the sale of music rights, including copyrights for songs by artists such as Bob Dylan, Adele, and Ariana Grande, with the transaction size expected to reach at least 3 billion dollars. It is reported that financial companies including Apollo Global Management, Warburg Pincus, and Temasek have expressed interest in acquiring these rights.