Blackstone Is About to Drop $1 Billion on Music Copyrights

The Blackstone Group is in serious discussions to inject more than $1 billion into a dedicated music copyright investment fund — with Hipgnosis Songs Fund founder Merck Mercuriadis potentially running the show. Here’s what we know so far. Neither Blackstone nor Mercuriadis are officially commenting at this stage, though the deal is understood to involve a fund separate from Hipgnosis Songs Fund.

Source: Blackstone Is About to Drop $1 Billion on Music Copyrights