Sony Publishing to Acquire Recognition Music in Billion-Plus Dollar Deal, Including Songs by Fleetwood Mac, Beyonce, Lady Gaga

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Variety

As expected, Sony Music Publishing has announced an agreement to acquire the complete music rights portfolio of Recognition Music Group from funds managed by Blackstone, subject to customary closing conditions. Terms of the deal were not announced, but sources and Billboard have valued the catalog in the 2 billion range, although estimates vary widely.