Global Music Rights’ Majority Owner Reaches ‘Understanding’ to Sell to Private Equity Firm

Global Music Rights’ Majority Owner Reaches ‘Understanding’ to Sell to Private Equity Firm

Global Music Rights (GMR), the boutique U.S. performance rights organization that represents Bruce Springsteen, Drake, the John Lennon estate and among others, is in advanced talks to sell a majority stake to the private equity firm Hellman & Friedman, sources tell Billboard. Related Irving Azoff’s Global Music Rights Settles Copyright Lawsuit With Vermont Radio… 04/15/2024…