The music catalog acquisition game continues to hot up – with the major music rightsholders getting stuck in.
Universal Music Group, don’t forget, spent $1.7 billion on music rights and advances in 2020, including the $300m-plus acquisition of Bob Dylan’s song catalog.
Sony Music Group, meanwhile, recently confirmed that it spent $1.4 billion on music-related acquisitions in just the six months to end of May this year – including spending a nine-figure sum on the song catalog of Paul Simon.
Today (June 17) it’s Warner Music Group‘s turn to make a splash. WMG has confirmed that it has acquired the