News Story | Oaktree Bets Big On Music Rights


2021-06-12 | By newstostory | 14 Hits

Oaktree Capital Management LP is investing up to 375 million in Primary Wave Music an independent company that manages songs from Bob Marley and Whitney Houston joining a parade of financial powerhouses diving into the recording industry reports Bloomberg A portion of the money will go toward a minority stake in closely held Primary Wave which creates and manages funds that own songs founder and Chief Executive Officer Larry Mestel said in an interview The business is valued at 300 million to 400 million The balance will be earmarked for >>READ MORE


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