Inside Concord’s $217 Million Daddy Yankee Catalog Acquisition
The deal includes part of the reggaetón superstar’s rights to “Gasolina,” “Con Calma” and his rights as a featured artist on “Despacito.” …
The deal includes part of the reggaetón superstar’s rights to “Gasolina,” “Con Calma” and his rights as a featured artist on “Despacito.” …
The ABS is backed by a $5.1-billion catalog featuring songs by Genesis, Phil Collins, R.E.M., Carrie Underwood and Creed. …
This paves the way for Blackstone to add the London-listed catalog company to SESAC, MNRK and other music companies in its portfolio. …
Concord said on Thursday it would not raise its bid to beat Blackstone’s $1.6 billion offer for the publicly listed music royalty fund. …
Dent rises to executive vp of operations while Weindorf rises to executive vp of marketing. …
Concord’s offer of $1.25 per share has been rejected, with HSF directors now recommending shareholders go with Blackstone. …
The Nashville-based company is now offering $1.25 per share, a penny more than Blackstone’s possible bid, and says it wants to sell up to 30% of the fund’s assets. …
As Concord and Blackstone vie to acquire the embattled song fund, Merck Mercuriadis’ future with its investment adviser remains unclear. …
The board of directors of the music royalty fund say they would switch their support from Concord’s bid to the private equity giant’s offer if Blackstone makes it official. …
The private equity firm offered $1.24 per share, versus Concord’s $1.14 per share offer issued on Thursday (April 18). …