Entertainment · 60 views
Influence Media Wins Bid to Acquire Anthem Entertainment’s Music Assets
Sources say the BlackRock-backed company bid slightly above $650 million for the assets, though the deal has yet to close.
AI Summary
Influence Media Partners, backed by BlackRock, has won the auction for Anthem Entertainment’s music assets. The company bid just over $650 million for the catalog, which includes publishing rights and recorded‑master royalties from artists such as Rush and Timbaland. The deal has not yet closed, and no further details on the transaction have been released. The acquisition marks a third attempt by Influence Media to secure Anthem’s catalog, suggesting the company is committed to expanding its music portfolio.
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