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Blackstone-backed fund buys Justin Timberlake’s song catalog
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A fund backed by private equity firm Blackstone has purchased the rights to Justin Timberlake’s song catalog in the venture’s largest music-rights acquisition so far, fund executives said.
Terms of the deal, which was done in partnership with the London-listed music-investment company Hipgnosis weren’t disclosed. People familiar with the matter said it is valued at just above $100m.
Blackstone...
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