Are Prices For Music Publishing Catalogue Acquisitions Justified?
Scooter Braun and Zach Katz’s venture Raised In Space Enterprises, owned by Braun’s Ithica Holdings, announced last week it had acquired New York-basedAtlas Music Publishing. The deal was the latest in a wave of catalogue acquisitions, whereby it’s no longer just conventional music companies competing for copyright, but also numerous financial institutions increasingly piling into the music acquisition space.
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