Concord Beats Blackstone in Bidding War for Hipgnosis Rights
Thursday, 25 April 2024, 09:39
Concord secures top bid in Hipgnosis battle
The bidding war between Concord, backed by Apollo Global Management, and Blackstone, is heating up as Concord emerges as the leading bidder.
Key points:
- Concord outbids Blackstone: Concord, financed by Apollo Global Management, has outmatched Blackstone in the race for Hipgnosis rights.
- Strategic move by Concord: The unexpected victory suggests Concord's strategic positioning in the music investment landscape.
This development marks a significant turn in the battle for music rights and may impact the industry's future trajectory.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.