From Concord’s $1.76 billion ABS transaction to Universal Music Group’s EU scrutiny… it’s MBW’s weekly round-up
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines ...
Tag: transaction
Concord closes $1.76 billion asset-backed securities transaction to ‘fuel continued growth’
Concord has successfully closed its latest asset-backed securities transaction to “fuel continued growth” at the independent music company.According to a ...
Daniel Ek has now cashed out $800m+ in Spotify stock, with his latest transaction banking $28.8m
Spotify CEO Daniel Ek sold another $28.8 million worth of company shares last week, continuing a divestment pattern that has ...
Duetti secures fresh $114m to buy indie artist catalogs, including $80m raised through firm’s first asset-backed securitization transaction
Duetti, a music investment company focused on indie music rights, has announced it has secured $114 million in new funding ...
Concord closes $850m Asset-Backed Securities transaction to ‘fuel strategic growth and acquisitions’
Concord has successfully closed its latest Asset-Backed Securities (ABS) transaction, which sees the company raise $850 million in debt financing through ...
Concord acquires mystery Latin Music catalog for $217m, after raising $850m in latest asset backed securities transaction
Concord has acquired a mystery catalog in a deal valued at $217.3 million.That’s according to a report published by Kroll ...
