Blackstone Seeks $3 Billion in Sale of Bob Dylan, Adele Song Rights.

Blackstone Inc. is seeking to sell song rights, including music from artists like Bob Dylan and Adele, for an estimated $3 billion. Financial firms like Apollo Global Management and Warburg Pincus have shown interest in these assets, which are managed by SESAC, a company that collects royalties for songwriters. The music industry's valuation has increased due to the rise of streaming, making investments in performance rights organizations like SESAC and GMR attractive to financial firms. [Extracted from the article]

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