BlackRock, Warner Music Invest $750 Million in Female and Diverse Artists

The fund, in partnership with music investment and management firm Influence Media, is taking a novel approach to the frothy market in a bet on younger songs. Unlike many recent blockbuster deals for decades-old music that can provide stable returns for passive investors collecting royalty payments, the new fund is focused on so-called modern evergreen music.

Source: WSJ News Exclusive | BlackRock, Warner Music Invest $750 Million in Female and Diverse Artists