The deal hands the private equity giant the rights to a number of global music stars, including Lorde and Childish Gambino.
October 21, 2021 at 06:42 AM
2 minute read
Reporter
Latham & Watkins, DLA Piper and Russells are advising on the sale of Kobalt Capital’s music rights portfolio to private equity giant KKR for $1.1 billion.
Music rights specialist investment firm Kobalt Capital has invested over $350 million in the area, including copyrights, master recording rights and neighbouring rights through acquisitions and advances.
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