The Fed ended up raising interest rates on no fewer than seven occasions in 2022. The music M&A market, inevitably, felt the ripple effect. Debt obviously became more expensive, as question marks hovered over whether investors attracted by music cash flows had access to the ‘cost of capital’ required to be competitive. But a sudden flurry of acquisitive activity suggests confidence may be swarming back towards the capitalization of music rights on Wall Street.
Source: Is the slowdown in big-money music catalog deals officially over?