Sony and GIC joint venture into music Industry de woh

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Sony, Singapore’s GIC to pay almost US$4 billion for Bieber, Neil Young catalogue​

The deal is believed to be one of the largest such deals in music history

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Published Thu, May 7, 2026 · 08:32 AM

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• Sony plans to buy Recognition Music Group through a joint venture with the Singaporean sovereign wealth fund GIC. PHOTO: ZAOBAO

SONY Music is finalising a deal to acquire a music catalogue from Blackstone that includes works of Justin Bieber and Neil Young in one of the largest such deals in music history, according to people familiar with the matter.

Sony is in exclusive negotiations to acquire Recognition Music Group, which either owns or manages the rights to more than 45,000 songs. Sony plans to buy Recognition through a joint venture with the Singaporean sovereign wealth fund GIC, which will pay between US$3.5 billion and US$4 billion, said the people, who asked to not be identified because the negotiations are private.

Blackstone and Sony Music declined to comment.

 

[GOD IS MY DOG]

Lucky I don't listen to that junk........

The Cure is my main thing