A line-up of elite law firms have advised on a multibillion-dollar music rights deal that has seen Sony Music Publishing acquire a portfolio of songs including hits by Fleetwood Mac, Beyoncé, Lady Gaga and Mariah Carey.
Simpson Thacher & Bartlett, Cleary Gottlieb, Kirkland & Ellis, and Latham & Watkins are among the firms advising on the agreement for Sony’s acquisition of the complete music rights portfolio of Recognition Music Group from funds managed by Blackstone, in a deal widely reported to be valued at $4bn.
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