Epidemic Sound Raises $450m At A $1 4b Valuation To ‘soundtrack The Internet’

by deepika

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The pension firm mentioned its holdings in unlisted companies had been included in its mid-cap portfolio – certainly one of three portfolios into which it divided its varied shareholdings. Since 2012, it mentioned, the mid-cap portfolio had outperformed its comparison index by nearly 170%, comparable to over SEK19bn. I understand that as a member of ALTDAQ, the e-mail address I enter here will be saved on the net site, however is not going to be publicly seen nor searchable, besides and until the account is upgraded to searchable account with my permission. I perceive my e mail and personal particulars might be accessible to ALTDAQ Limited, the administrator of the website and I could additionally be contacted by them on my e-mail address for website updates and repair announcements.

Without a subpoena, voluntary compliance on the a half of your Internet Service Provider, or further data from a 3rd party, information saved or retrieved for this function alone can not normally be used to identify you. Twice-monthly stories on the latest platforms – that will assist you discover a competitive edge. Production music agency Epidemic Sound has launched a brand new web video series profiling some of the musicians that it actually works with. Blackstone Inc mentioned redemptions from its $50bn non-traded enterprise growth company reached its… Epidemic absolutely acquires the rights to its composers’ music via one-off upfront payments, but commits to paying by way of 50% of streaming revenue to the composers whose music it’s bought.

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Essential international guides, filled with knowledge, interviews, strategies, and native insight. We publish a wide selection of newsletters that includes breaking news, deal analyses, folks strikes and the tales behind the headlines. SEB Corporate Finance and Goldman Sachs have been monetary advisers, and White & Case was legal adviser to the sellers. PwC was monetary and tax adviser to EQT Growth, while DLA Piper was its legal adviser.

Tort law is the multi-tasker of the widespread law and does excess of redress private wrongs. Tort law not only redresses private wrongs, it also advances general deterrence by way of social control. Alexis Maskell, head of the choice asset managers group for Europe, the Middle East and Africa at Citigroup, is ready to hitch the BC Partners as global head of investor relations.

After allegations of human rights breaches, Lærernes Pension has dropped its investment in a Canadian company which runs a mine in Tanzania. Private equity companies EQT and Blackstone Group have collectively invested $450m in Swedish music platform Epidemic Sound in a deal valuing the company at $1.4bn. Blackstone Growth is the expansion fairness platform of global investment firm Blackstone, one of firm carlyle 200m kakao mobility south the world’s main funding corporations, which offers scale and sources to early-stage entrepreneurs. Epidemic Sound, which was founded in 2009, mentioned that the model new investment would “be used to further accelerate buyer acquisition and make investments much more aggressively in core person experience”.

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