Variety
·entertainment
·2 hours ago
Avex Music Group launches $100 million fund for catalog acquisitions
Avex Music Group announced a $100 million fund for catalog acquisitions, launching with the catalog of producer Infamous. The deal, structured with City National Bank, includes $50 million in equity and up to $50 million in debt financing. Meanwhile, Primary Wave Music has partnered with the estate of Harry Chapin to promote his iconic songs to new audiences.
Summary by Glance · Variety
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