The deal reportedly values GCL, which helped move Taylor Swift's gargantuan tour from city to city, at over $1 billion.
Financial insiders say music-backed debt markets and catalogs could see more investment soon. But it depends on how long the Trump Administration spars with trading partners.
The Kingdom’s sovereign wealth fund took a 5.7% stake in the concert promoter in April 2020.
Here are some interesting options for an attractive risk-adjusted return while avoiding the stock market's volatility.
Utilized by musicians, athletes and celebrities for landing pages, KOMI says the money will go to rolling out e-commerce and marketing analytics tools.
Oseary and Ashton Kutcher's VC fund raised nearly $250 million to invest in AI growth companies.
The 17-month-old music company has also invested in Mick Management, Ashley Gorley's Tape Room, One Two Many Music and Defected Records.
Citrin Cooperman partner Nari Matsuura oversaw roughly 750 catalog valuations worth more than $15.5 billion between 2021 and 2022.
The investment firm known for its stakes in Taylor Swift's, Dr. Dre's catalogs now has $4.4 billion in assets under management.
The parent of Starship Entertainment, which includes Monsta X and other K-pop acts, says the investment will help "spearhead growth in K-culture worldwide."
