Warner Music Launches $1.2 Billion Song Rights JV With Bain Capital, Says It’ll Become ‘The Destination of Choice for Preeminent Catalogs’

Let the catalog funding commitments continue: Warner Music Group (WMG) has launched a $1.2 billion IP-focused joint venture with Bain Capital. The major label and the Boston-headquartered investment firm unveiled their song rights JV today. With each party putting up “equal equity commitments” – $600 million apiece, that is – the capital will reach “legendary […]