$117m fund launches in Europe to buy catalogs of local legends

Netherlands-based Pythagoras Music Fund (PMF), which MBW has confirmed is worth €100 million ($117m), has just acquired 100% of the shares in Dutch music companies Nanada Music and Red Bullet from Dutch music industry legend Willem van Kooten. Nanada and Red Bullet are home to artists including Shocking Blue, Golden Earring and Focus.

Source: $117m fund launches in Europe to buy catalogs of local legends

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