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KKR-led group nears deal for rights to hits by The Weeknd, Lorde - FT
Gallery: China now owns these famous Western names (Lovemoney)The deal for the catalogue could be announced as soon as this week, the report added. This comes close on the heels of another major private equity investment in the music industry when Blackstone Inc partnered with an advisory firm owned by music executive Merck Mercuriadis to buy music rights and record songs.
