Warner Music Acquires Tempo

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Tempo Music

torontosun

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Entertainment

Warner Music buys Bruno Mars, Adele songs in $450 million deal

Summary

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87% Informative

Warner Music Group has acquired a controlling stake in Tempo Music , the owner of a catalogue of song rights spanning recordings by Bruno Mars , Adele and Wiz Khalifa .

The deal adds to a growing race among major music companies to acquire more intellectual property.

Warner helped form Tempo with Providence back in 2019 as the value of music catalogues was soaring.

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formal

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English

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not offensive