Sony Pays $600 Million For 50% Stake In Michael Jackson’s “Mijac” Song Catalog

Sony Pays $600 Million For 50% Stake In Michael Jackson's "Mijac" Song Catalog

A deal that has been rumored for over a year and spawned at least one lawsuit seeking to prevent it from happening has officially closed. Sony Music Group just paid Michael Jackson’s estate $600 million […]

FIVE FINGER DEATH PUNCH’s ZOLTAN BATHORY Acquires Stake In PROFESSIONAL GRAPPLING FEDERATION

FIVE FINGER DEATH PUNCH's ZOLTAN BATHORY Acquires Stake In PROFESSIONAL GRAPPLING FEDERATION

FIVE FINGER DEATH PUNCH founding guitarist Zoltan Bathory enters another arena with an ownership stake in the Professional Grappling Federation (PGF). Promising jiu-jitsu fans a thrilling sixth season with a grand prize that’s music to […]

Daughter of music manager Peter Grant puts Led Zeppelin stake up for sale | Led Zeppelin

Helen Grant

When Helen Grant was a young girl in boarding school, she would hide the fact that her father was Peter Grant, the music manager who turned Led Zeppelin into the world’s first stadium rock phenomenon […]

The Co-Founder Of An AI Company Sold His 15% Stake For $100. One Month Later The Company Was Worth $1 Billion. Now He’s Suing.

The Co-Founder Of An AI Company Sold His 15% Stake For $100. One Month Later The Company Was Worth $1 Billion. Now He's Suing.

By now you’ve probably heard of, and perhaps even played around, with ChatGPT. In my opinion and experience, ChatGPT is… fine? Even if you ignore the fact that its knowledge cutoff is September 2021, in […]

Sony Music Masterworks Acquires Majority Stake in Proactiv Entertainment

Sony Music Masterworks acquires majority stake in Proactiv Entertainment

Photo Credit: Sony Music Masterworks Sony Music Masterworks has announced a majority investment in Proactiv Entertainment, based in Barcelona. Proactiv Entertainment is a leading producer of live music and experiential events across the globe. The […]

Developers Sell $550 Million Stake in Tao Group to Fund Multi-Billion Dollar MSG Sphere in Vegas

Developers Sell $550 Million Stake in Tao Group to Fund Multi-Billion Dollar MSG Sphere in Vegas

Featuring a 580,000 square-foot exterior with a state-of-the-art outdoor LED screen, the colossal MSG Sphere will launch alongside a performance from U2. The developers of Las Vegas’ MSG Sphere have sold their majority ownership in […]

Russ Ballard Officially Sells Catalog Stake to Primary Wave Music

russ ballard

Russ Ballard performing live. Photo Credit: Primary Wave Another day, another catalog acquisition: Primary Wave Music has unveiled a multimillion-dollar deal with 77-year-old singer-songwriter Russ Ballard. New York City-based Primary Wave, having announced a song-rights […]

Sarah McLachlan Officially Sells Catalog Stake to Primary Wave

sarah mclachlan

Sarah McLachlan performing live. Photo Credit: EJ Hersom Primary Wave has officially acquired “a stake” in the publishing and recorded catalogs of “I Will Remember You” singer-songwriter Sarah McLachlan. New York City-headquartered Primary Wave and […]

Michael Jackson Estate Reportedly Eyeing $900 Million Deal For 50% Stake In The MJ Music Catalog

Michael Jackson Estate Reportedly Eyeing $900 Million Deal For 50% Stake In The MJ Music Catalog

Michael Jackson’s reputation has taken some serious damage in the last few years. And that’s putting it mildly. Anyone who watched the 2019 “Leaving Neverland” documentary likely looks at the former “King of Pop” very […]

Jay-Z Just Earned “Multi” Billionaire Status After Cashing Out His Stake In D’Ussé Cognac

Jay-Z Just Earned "Multi" Billionaire Status After Cashing Out His Stake In D'Ussé Cognac

Back in 2012, Jay-Z launched a cognac brand called “D’Ussé” as a partnership with liquor behemoth Bacardi. For the next decade it was a great partnership. Jay handled marketing. Bacardi handled production and distribution. And […]