Primary Wave Music, home to catalogs of Whitney Houston, Prince, Bob Marley, Stevie Nicks and more, has struck a $2 billion deal with Brookfield Asset Management. Brookfield, which is new the space, will take a significant minority interest in Primary Wave, and commit $1.7 billion to fund a permanent capital vehicle focused on acquiring music rights from top acts.
Source: Primary Wave Music Strikes $2 Billion Deal With Brookfield to Invest in Music Copyrights