WARNER MUSIC GROUP AND BAIN CAPITAL ANNOUNCE LAUNCH OF JOINT VENTURE TO INVEST UP TO $1.2 BILLION IN ICONIC MUSIC CATALOGS

NEW YORK and BOSTON, July 1, 2025 /PRNewswire/ -- Warner Music Group (NASDAQ: WMG), the global music entertainment company, and Bain Capital, a leading global private investment firm, are launching a joint venture to allow for the purchase of up to $1.2 billion of legendary music catalogs across both recorded music and music publishing. The partnership was formed through equal equity commitments from WMG and Bain Capital. This new strategic venture will provide artists and songwriters with opportunities to ...