Sony Publishing to Acquire Recognition Music in Billion-Plus Dollar Deal, Including Songs by Fleetwood Mac, Beyonce, Lady Gaga
By Jem Aswad
Plus IconJem Aswad
Executive Editor, Music
jemaswad See All
As expected, Sony Music Publishing has announced an agreement to acquire the complete music rights portfolio of Recognition Music Group from funds managed by Blackstone, subject to customary closing conditions.
Terms of the deal were not announced, but sources and Billboard have valued the catalog in the $2 billion range, although estimates vary widely.
The deal will see Sony Music Publishing acquiring Recognition’s entire catalog of works, which includes shares in more than 45,000 songs, among them Journey’s “Don’t Stop Believin’,” Red Hot Chili Peppers’ “Under the Bridge,” Fleetwood Mac’s “Go Your Own Way,” Beyoncé’s “Single Ladies (Put A Ring On It),” Bruno Mars’ “Locked Out of Heaven,” Leonard Cohen’s “Hallelujah,” Chic’s “Good Times,” Soundgarden’s “Black Hole Sun,” Lady Gaga’s “Bad Romance,” Bon Jovi’s “Livin’ On A Prayer,” Rihanna’s “Umbrella,” Eurythmics’ “Sweet Dreams (Are Made Of This),” Shakira’s “Whenever, Wherever,” Steve Winwood’s “Higher Love” and Mariah Carey’s “All I Want For Christmas Is You,” among many others.
Popular on Variety
Related Stories
'Quezon' Director Jerrold Tarog Sets Julia Barretto, Charo Santos-Concio, Christopher de Leon, Tony Labrusca for Horror 'Knock Three Times' (EXCLUSIVE)
Схожі новини
Трамп "серйозно розглядає" можливість зробити Венесуелу 51-м штатом США, – медіа
Crimson Desert виконує одне з найбільших прохань гравців у свіжому оновленні
Забудьте про мінімалізм: як відтворити головний тренд у дизайні інтер'єрів