rights.fm

Funds

Track major music rights buyers and their activity

Total Deployed

$47B+

+12% YoY

Active Funds

24

+3 new

Avg Multiple

16.2x

-0.8x

Dry Powder

$8.4B

est.

Hipgnosis Songs Fund

Public Fund↻ Restructuring

Sold 29 catalogues to Concord for $440M

AUM

$2.2B

Catalogues

146

Avg Multiple

18.2x

PopRockHip-Hop

Recent Deals

Justin Timberlake$100MDec 2023
Shakira$90MJan 2024

Primary Wave

Private Equity↑ Expanding

Actively acquiring legacy catalogues

AUM

$3.5B+

Catalogues

200

Avg Multiple

16.5x

LegacyPublishingBrand

Recent Deals

Britney Spears$200M+Feb 2024
James Brown Estate$90MNov 2023

Concord

Private Company↑ Expanding

Acquired Hipgnosis catalogues

AUM

$5B+

Catalogues

1000

Avg Multiple

15.2x

Full StackPublishingRecorded

Recent Deals

Hipgnosis Portfolio$440MJan 2024
Downtown Music$775MJan 2024

Round Hill Music

Public Fund→ Stable

Raised $291M for new fund

AUM

$800M

Catalogues

120

Avg Multiple

14.8x

Classic RockCountryPop

Recent Deals

Carlin America$120MOct 2023

KKR / Chord Music

Private Equity→ Stable

Focused on premium contemporary catalogues

AUM

$1.1B

Catalogues

60

Avg Multiple

17.0x

PremiumContemporary

Recent Deals

Ryan Tedder$200MAug 2023

Shamrock Capital

Private Equity→ Stable

Selective acquisition strategy

AUM

$600M

Catalogues

40

Avg Multiple

16.0x

MastersPublishing

Recent Deals

Taylor Swift (masters)$300M2020