Bertelsmann could invest as much as $1bn in 2022 to help BMG buy catalog rights

CEO Hartwig Masuch told MBW today: “If you believe as we do that the long-term prospects for music are positive, there’s no reason to back off right now. On the contrary. With much of the froth going out of the market as pure investment vehicles face pressure in funding, there is even more reason to invest. “That’s why quietly we have struck more than 30 deals for publishing and/or recorded rights already this year.”

Source: Bertelsmann could invest as much as $1bn in 2022 to help BMG buy catalog rights (if it wins the race for Pink Floyd)

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