Blackstone Trims Recognition Catalog With $200 Million Sale to Sony Music

via billboard.com

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Blackstone, the owner of around $4 billion in music assets including through Recognition Music Group, has sold a portion of the Recognition portfolio to Sony Music Group for more than $200 million, according to sources. The deal, which has not been previously reported, includes mostly publishing assets and a smattering of master recording royalty income streams to songs including some by […]

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