Warner Music Buys Bruno Mars, Adele Songs in $450 Million Deal.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Shaw, Lucas 3 of 3

Abstract

Warner Music Group has acquired a controlling stake in Tempo Music for $450 million, gaining rights to songs by artists like Bruno Mars and Adele. The deal involves Warner buying the stake from Providence Equity Partners with cash and assuming Tempo's debt. This acquisition reflects a trend among major music companies, including Sony and Universal, to acquire valuable song catalogs. Warner Music's shares have risen by 3.5% this year, and the company's December-quarter earnings will be reported soon. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/02, pN.PAG
  • Document Type:Article
  • Subject Area:Music
  • Publication Date:2025
  • Accession Number:182856540
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.