FOLKS...Take a guess how much Rondor's (60,000)Catalog sold for?????
--Universal-Music-Group acquires catalogue of over 60,000 songs Rondor Music international publishing company owned by Herb Alpert and Jerry Moss
Moss & Alpert's Rondor Music On The Block Publication: Billboard Bulletin Date: Wednesday, October 27 1999
Sources say that Jerry Moss and Herb Alpert are shopping their co-owned Rondor Music, which is among the world's largest independent music publishers. The Los Angeles-based company, which includes the Stateside Almo Music and Irving Music catalogs, is said to command a selling price upwards of $500 million, a figure based on a 20-times multiple of net publisher's share. It is said that Moss and Alpert decided to float a sale of the company following the $200 million acquisition by EMI Music Publishing of the U.S. publishing interests of Japan's Windswept Pacific (Bulletin, July 22).
When contacted yesterday by Bulletin, Moss said, "There is nothing going on right now. Like any indie, we get calls. We're not selling at the present time." When Moss and Alpert sold their A&M label to PolyGram a decade ago, the two retained ownership of their music publishing interests.
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