Warner Bros Discovery Forms Joint Venture to Manage Music Rights

Reported about 9 hours ago

Warner Bros Discovery has teamed up with Cutting Edge Group to create a joint venture for co-owning its music rights portfolio. The partnership will maintain Warner Bros' creative control while allowing Cutting Edge to invest and manage the music catalog, which spans nearly 100 years and includes iconic compositions from franchises like Harry Potter and Game of Thrones. This collaboration is considered one of the largest music rights deals, with over 400,000 musical works involved.

Source: YAHOO

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