Merck Mercuriadis Fund buys 100% of Poo Bear catalog for undisclosed sum

The catalog includes What Do You Mean?, which has sold over 14m copies worldwide and has been No.1 in more than 25 countries and Where Are You Now?, which has sold over 9m copies. Most significantly the catalog includes the English language version of Despacito, known as Despacito (Justin Bieber Remix) by Luis Fonsi and Daddy Yankee, which was No.1 in over 50 countries and was the 2018 Grammy Awards Song Of The Year and Record Of The Year.

Source: Merck Mercuriadis Fund buys 100% of Poo Bear catalog for undisclosed sum

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