Sony Music spends $2.5bn on songs in battle with ‘speculative’ investors
Spending spree comes amid rising competition from PE-backed music investment firms
Spending spree comes amid rising competition from PE-backed music investment firms

Acquiring Recognition Music Group catalogue hands Sony collection of 45,000 songs including Leonard Cohen’s ‘Hallelujah’

Billionaire hedge fund manager’s pursuit reignites debate about ‘financialisation’ of music industry

The search for new sources of yield has pushed ‘Bowie bonds’ into the mainstream of finance

The business of selling music has always been a source of grievance for those who create it

World’s largest record label believes joint venture can help it make more money from its roster of stars

Strong earnings appear to quiet demands from Wall Street to justify up to $135bn in capital expenditures