Influence Media Partners, backed by BlackRock, said on Wednesday (July 29) it has signed an agreement to acquire Anthem Entertainment’s portfolio of music publishing and master recording rights and film & TV publishing assets in a deal worth more than $600 million.
The transaction includes Anthem’s stake in more than 24,000 released songs, including Britney Spears‘ “Oops!… I Did It Again,” Justin Timberlake‘s “SexyBack,” Timbaland’s “The Way I Are,” Cody Johnson’s “Til You Can’t,” Rush‘s “Tom Sawyer” and OneRepublic’s “Counting Stars,” according to a press release. It also includes soundtracks from the Spider-Man and Men in Black franchises, and The LEGO Ninjago Movie. Based in Canada, the acquisition of Anthem’s assets is subject to approval from the Canadian Heritage regulator, with Influence saying it is expected to close in the fourth quarter of this year.
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“This acquisition marks a major milestone for Influence Media and reflects the momentum we’ve built as a platform,” Lylette Pizarro McLean, Influence Media founder & co-managing partner, said in a statement. “Anthem’s catalog extends far beyond hit songs — it’s music that has become woven into iconic moments, films, and shows that audiences around the world know and love. We’re proud to welcome these works into the Influence portfolio as we continue our next chapter of growth with the support of BlackRock, and look forward to collaborating with our industry-leading partners to create new opportunities and drive exposure for the works and the artists behind them.”
