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Music label UMG to buy minority stake in Chord Music Partners for $240 mln

Universal Music Group on Tuesday said it would buy a 25.8% stake in Chord Music Partners for $240 million in a deal that will see investment company KKR exit from the capital of the music catalogue.

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Universal Music Buys $240 Million Stake in The Weeknd, John Legend Catalog

Universal Music Buys $240 Million Stake in The Weeknd, John Legend Catalog
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Music label UMG to buy minority stake in Chord Music Partners for $240 million

Music label UMG to buy minority stake in Chord Music Partners for $240 million
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Olivier sorghoEmelia sithole matariseSam hendelAlexandra hudsonDavid guettaJohn legendMusic group onMusic groupChord music partnersDundee partnersDundee partner

Universal Music Buys Minority Stake In Chord Music for $240 Million – The Hollywood Reporter

Universal Music Group has paid $240 million for a minority stake in Chord Music Partners.

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Universal Music Buys Chord Catalog Stake With Beyonce Songs and More

Universal Music bought a stake in the Chord Music Partners catalog featuring Beyonce songs and more, including tracks from Fleetwood Mac and Maroon 5.

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