21-02-2008 @ 10:06
CP Masters to manage catalogs and co-invest with ABP
Universal Music Group (UMG), the world’s leading music company, today announced the sale of certain music catalogs, including Rondor UK, Zomba UK, 19 Music, 19 Songs and BBC Catalog, to the Dutch fund ABP, the world’s third largest pension fund, and CP Masters BV, one of Europe’s leading independent music publishers, who will actively manage the catalogs. These divestments follow the approval of UMG’s acquisition of BMG Music Publishing by t...
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