VNUE Inc (VNUE)

[Dancer2]

KKR (Kohlberg Kravis Roberts) is a true global investment giant, with over $230 billion (yes, billion) in assets under management.

Once upon a time, it had a material stake in the music business, until it sold its 51% holding in BMG to Bertelsmann in 2013 for approximately $1bn.

Last summer, KKR dipped its toe back into music rights by joining a $48m round in royalty-free music and content platform – and Epidemic Sound rival – Artlist.

Today, however, KKR has jumped back in the music biz in a much bigger way – announcing that it has bought a majority stake in a music catalog created by three-time Grammy winner Ryan Tedder.

https://www.musicbusinessworldwide.com/kkr-buys-majority-stake-in-ryan-tedder-catalog-marking-investment-giants-return-to-music-rights-ownership/