$500m-backed Litmus Music launches to buy publishing and recording rights

Music industry veterans Hank Forsyth and Dan McCarroll are teaming up with Carlyle Global Credit to launch a venture called Litmus Music. New York-based Litmus says that it will focus on acquiring and managing both publishing and recorded music rights, with Carlyle Global Credit committing an initial $500 million to do so.

Source: $500m-backed Litmus Music launches to buy publishing and recording rights

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