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HITS confirmed by VARIETY and others: DiscoWB nearing deal to sell half of its Film/TV music rights for 500 million.

Posted by: notfabio on Jun 22, 12:47

https://variety.com/2023/music/news/warner-bros-discovery-500-million-deal-sell-film-tv-music-publishing-assets-1235652398/

HITS confirmed by VARIETY and others: DiscoWB nearing deal to sell half of its Film/TV music rights for 500 million. notfabio Jun 22, 12:47

Includes: "Purple Rain,” “Evita,” “Sweeney Todd,” “Rent” several “Batman” films and "As Time Goes By” from “Casablanca.” {nm} notfabio Jun 22, 12:48

what a disgrace {nm} my mate paul Jun 22, 13:11

Sounds like a desperate fire sale. {nm} DTravel Jun 22, 14:24

desperate yes, but pretty standard stuff in the leveraged buyout playbook. load it up with the purchase debt, strip it for parts {nm} my mate paul Jun 22, 15:03

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