{"id":809656,"date":"2025-02-06T06:37:35","date_gmt":"2025-02-06T11:37:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-acquires-controlling-stake-in-tempo-music\/"},"modified":"2025-02-06T06:37:35","modified_gmt":"2025-02-06T11:37:35","slug":"warner-music-group-acquires-controlling-stake-in-tempo-music","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-acquires-controlling-stake-in-tempo-music\/","title":{"rendered":"WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p class=\"prntac\">\n        <b><br \/>\n          <i>Catalog includes rights in songs recorded by <span class=\"xn-person\">Bruno Mars<\/span>, Twenty One Pilots, Adele, <span class=\"xn-person\">Wiz Khalifa<\/span>, <span class=\"xn-person\">Florida Georgia Line<\/span>, and <span class=\"xn-person\">Lukas Graham<\/span><\/i><br \/>\n        <\/b>\n      <\/p>\n<p class=\"prntac\">\n        <b><br \/>\n          <i>Providence Equity Partners to Remain a Minority Investor<\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Feb. 6, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Warner Music Group Corp. (&#8220;Warner Music Group&#8221; or &#8220;WMG&#8221;) today announced that it has acquired a controlling stake in Tempo Music Investments (&#8220;Tempo&#8221;), an investment platform for premium music rights, from Providence Equity Partners (&#8220;<span class=\"xn-location\">Providence<\/span>&#8220;). <span class=\"xn-location\">Providence<\/span> will remain a minority investor in Tempo and continue to work with WMG in an advisory capacity.<\/p>\n<p>WMG and <span class=\"xn-location\">Providence<\/span> partnered to launch Tempo in 2019, combining <span class=\"xn-location\">Providence&#8217;s<\/span> capital and investment expertise with WMG&#8217;s deep music industry experience, resources, and network to support, promote, and build value around artists and songwriters globally. Through its disciplined approach to investments and collaborative work with creative talent, Tempo has amassed a diverse portfolio that focuses on empowering artists and songwriters, while delivering compelling financial results. WMG&#8217;s investment will also become more accretive over time, as other rights revert to Tempo, and expand the scope of WMG&#8217;s administration and distribution.<\/p>\n<p>Guy Moot, Co-Chair and CEO of <span class=\"xn-person\">Warner Chappell<\/span> said: &#8220;By acquiring Tempo&#8217;s impressive catalog, we&#8217;re expanding <span class=\"xn-person\">Warner Chappell&#8217;s<\/span> reach, bringing rights from songwriters we currently don&#8217;t represent, as well as additional rights from songwriters with whom we&#8217;re already partners. Tempo\u00a0has assembled a thoughtful, well-rounded catalog and I&#8217;m excited to dig into new opportunities and unlock more value for these songs.&#8221;<\/p>\n<p>\n        <span class=\"xn-person\">Michael Ryan-Southern<\/span>, WMG&#8217;s EVP, Chief Corporate Development Officer, added: &#8220;WMG and Tempo have a long-standing history and aligned interests in uplifting great music and catalogs. This deal is a natural fit for us, and a good example of how our investment strategy is designed to build our scale and influence, while delivering additional revenue at a high margin.&#8221;<\/p>\n<p>\n        <span class=\"xn-person\">Michael Dominguez<\/span>, Senior Managing Director and Chief Investment Officer at <span class=\"xn-location\">Providence<\/span>, said: &#8220;The Tempo team has built a high-quality catalog over the years with top artists and songwriters, and has benefitted from a close partnership with WMG since its foundation. This is an exciting next step in the company&#8217;s evolution and a natural home for its catalog. We look forward to continuing to work with WMG and to support Tempo&#8217;s next phase of growth.&#8221;<\/p>\n<p>Since inception, Tempo has acquired music rights from some of today&#8217;s leading songwriters, many of whom <span class=\"xn-person\">Warner Chappell<\/span> co-publishes, including Twenty One Pilots&#8217; <span class=\"xn-person\">Tyler Joseph<\/span>, multi-platinum-selling recording artist <span class=\"xn-person\">Wiz Khalifa<\/span>, country duo <span class=\"xn-person\">Florida Georgia Line<\/span>, GRAMMY<sup>\u00ae<\/sup> Award-winning songwriters <span class=\"xn-person\">Brett James<\/span> and <span class=\"xn-person\">Shane McAnally<\/span>, as well as <span class=\"xn-person\">Lukas Graham<\/span> songwriters <span class=\"xn-person\">Stefan Forrest<\/span>, <span class=\"xn-person\">Morten Pilegaard<\/span>, Morten Ristorp Jensen, and Jaramye Daniels.<\/p>\n<p>Tempo has also acquired rights from top songwriters, artists, and producers including artists such as the Jonas Brothers, <span class=\"xn-person\">Ben Rector<\/span> and Korn; singer-songwriter <span class=\"xn-person\">Mia Fieldes<\/span>; GRAMMY<sup>\u00ae<\/sup> Award-winning songwriter, producer, and CMNTY Culture founder <span class=\"xn-person\">Philip Lawrence<\/span> (&#8220;<span class=\"xn-money\">24k<\/span> Magic&#8221; &amp; &#8220;Uptown Funk&#8221; <span class=\"xn-person\">Bruno Mars<\/span>, &#8220;All I Ask&#8221; Adele, and more); GRAMMY<sup>\u00ae<\/sup> Award-winning songwriter, producer, engineer, and <span class=\"xn-person\">Frank Ocean<\/span> collaborator Malay; and GRAMMY<sup>\u00ae<\/sup> Award-winning artist, songwriter, and producer <span class=\"xn-person\">Jeff Bhasker<\/span>.<\/p>\n<p>Moelis &amp; Company acted as financial advisor and Weil, Gotshal &amp; Manges LLP served as legal advisor to Tempo and <span class=\"xn-location\">Providence<\/span>.<\/p>\n<p>\n        <b><br \/>\n          <u>About Tempo Music Investments <\/u><br \/>\n        <\/b><br \/>\n        <br \/>Tempo is an investment platform for premium music rights. Guided by the idea that premium content provides attractive returns for all, Tempo exists to support, invest in, and build value around the creative ecosystem. Tempo&#8217;s investment decisions are driven by a disciplined approach, informed by both art and science, that focuses on delivering compelling financial results while empowering the artists and creators who drive our culture.<\/p>\n<p>\n        <b><br \/>\n          <u>About Warner Music Group<br \/><\/u><br \/>\n        <\/b>Warner Music Group (WMG) brings together artists, songwriters, entrepreneurs, and technology that are moving entertainment culture across the globe. Operating in more than 70 countries through a network of affiliates and licensees, WMG&#8217;s Recorded Music division includes renowned labels such as <span class=\"xn-money\">10K<\/span> Projects, 300 Entertainment, Asylum, Atlantic, Big Beat, EastWest, Elektra, Erato, First Night, Fueled By Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin&#8217;, <span class=\"xn-person\">Warner Records<\/span>, Warner Classics, and Warner Music Nashville. WMG&#8217;s music publishing arm, <span class=\"xn-person\">Warner Chappell Music<\/span>, has a catalog of over one million copyrights spanning every musical genre, from the standards of the Great American Songbook to the biggest hits of the 21st century. Warner Music Group is also home to ADA, which supports the independent community, as well as artist services division WMX. Follow WMG on <u><a href=\"https:\/\/www.instagram.com\/warnermusic\/?hl=en\" target=\"_blank\" rel=\"nofollow\">Instagram<\/a><\/u>, <u><a href=\"https:\/\/twitter.com\/warnermusic?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\" target=\"_blank\" rel=\"nofollow\">X<\/a><\/u>, <u><a href=\"https:\/\/www.tiktok.com\/@warnermusic?lang=en\" target=\"_blank\" rel=\"nofollow\">TikTok<\/a><\/u>, <u><a href=\"https:\/\/www.linkedin.com\/company\/warner-music-group\/mycompany\/verification\/\" target=\"_blank\" rel=\"nofollow\">LinkedIn<\/a><\/u>, and <u><a href=\"https:\/\/www.facebook.com\/warnermusicgroup\/\" target=\"_blank\" rel=\"nofollow\">Facebook<\/a><\/u>.<\/p>\n<p>\n        <b><br \/>\n          <u>About Providence Equity Partners<br \/><\/u><br \/>\n        <\/b>Providence Equity Partners is a specialist private equity investment firm focused on growth-oriented media, communications, education, and technology companies across <span class=\"xn-location\">North America<\/span> and <span class=\"xn-location\">Europe<\/span>. <span class=\"xn-location\">Providence<\/span> combines its partnership approach to investing with deep industry expertise to help management teams build exceptional businesses and generate attractive returns. Since its founding in 1989, <span class=\"xn-location\">Providence<\/span> has invested over <span class=\"xn-money\">$38 billion<\/span> across more than 180 private equity portfolio companies. With its headquarters in <span class=\"xn-location\">Providence, RI<\/span>, the firm also has offices in <span class=\"xn-location\">New York<\/span>, <span class=\"xn-location\">London<\/span>, <span class=\"xn-location\">Boston<\/span>, and <span class=\"xn-location\">Atlanta<\/span>. For more information, please visit <a href=\"http:\/\/www.provequity.com\" rel=\"nofollow\">www.provequity.com<\/a>.<\/p>\n<p>\n        <b><br \/>\n          <u>Media Contacts<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <b>Tempo<br \/><\/b><br \/>\n        <span class=\"xn-person\">Andrea Mateer<\/span><br \/>\n        <br \/>\n        <u><br \/>\n          <a href=\"mailto:Andrea@tempomusic.com\" target=\"_blank\" rel=\"nofollow\">Andrea@tempomusic.com<\/a><br \/>\n        <\/u>\n      <\/p>\n<p>\n        <b>Warner Music Group<br \/><\/b><br \/>\n        <span class=\"xn-person\">James Steven<\/span> \/ <span class=\"xn-person\">Summer Wilkie<\/span><br \/><u><a href=\"mailto:James.Steven@wmg.com\" target=\"_blank\" rel=\"nofollow\">James.Steven@wmg.com<\/a> \/ <a href=\"mailto:summer.wilkie@wmg.com\" target=\"_blank\" rel=\"nofollow\">summer.wilkie@wmg.com<\/a><\/u><\/p>\n<p>\n        <b>Providence Equity Partners<\/b><br \/>\n        <br \/>\n        <span class=\"xn-person\">Kelsey Markovich<\/span> \/ <span class=\"xn-person\">Kate Gorgi<\/span><br \/>FGS Global<br \/><u><a href=\"mailto:ProvidenceEquity@fgsglobal.com\" target=\"_blank\" rel=\"nofollow\">ProvidenceEquity@fgsglobal.com<\/a><\/u><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY13223&amp;sd=2025-02-06\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/warner-music-group-acquires-controlling-stake-in-tempo-music-302370052.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/warner-music-group-acquires-controlling-stake-in-tempo-music-302370052.html<\/a><\/p>\n<p>SOURCE  Warner Music Group Corp.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY13223&amp;Transmission_Id=202502060630PR_NEWS_USPR_____NY13223&amp;DateId=20250206\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Catalog includes rights in songs recorded by Bruno Mars, Twenty One Pilots, Adele, Wiz Khalifa, Florida Georgia Line, and Lukas Graham Providence Equity Partners to Remain a Minority Investor NEW YORK , Feb. 6, 2025 \/PRNewswire\/ &#8212; Warner Music Group Corp. (&#8220;Warner Music Group&#8221; or &#8220;WMG&#8221;) today announced that it has acquired a controlling stake in Tempo Music Investments (&#8220;Tempo&#8221;), an investment platform for premium music rights, from Providence Equity Partners (&#8220;Providence&#8220;). Providence will remain a minority investor in Tempo and continue to work with WMG in an advisory capacity. WMG and Providence partnered to launch Tempo in 2019, combining Providence&#8217;s capital and investment expertise with WMG&#8217;s deep music industry experience, resources, and network to support, promote, and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-acquires-controlling-stake-in-tempo-music\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-809656","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-acquires-controlling-stake-in-tempo-music\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Catalog includes rights in songs recorded by Bruno Mars, Twenty One Pilots, Adele, Wiz Khalifa, Florida Georgia Line, and Lukas Graham Providence Equity Partners to Remain a Minority Investor NEW YORK , Feb. 6, 2025 \/PRNewswire\/ &#8212; Warner Music Group Corp. (&#8220;Warner Music Group&#8221; or &#8220;WMG&#8221;) today announced that it has acquired a controlling stake in Tempo Music Investments (&#8220;Tempo&#8221;), an investment platform for premium music rights, from Providence Equity Partners (&#8220;Providence&#8220;). Providence will remain a minority investor in Tempo and continue to work with WMG in an advisory capacity. WMG and Providence partnered to launch Tempo in 2019, combining Providence&#8217;s capital and investment expertise with WMG&#8217;s deep music industry experience, resources, and network to support, promote, and &hellip; Continue reading &quot;WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-acquires-controlling-stake-in-tempo-music\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-06T11:37:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY13223&amp;sd=2025-02-06\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/warner-music-group-acquires-controlling-stake-in-tempo-music\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/warner-music-group-acquires-controlling-stake-in-tempo-music\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC\",\"datePublished\":\"2025-02-06T11:37:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/warner-music-group-acquires-controlling-stake-in-tempo-music\\\/\"},\"wordCount\":876,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/warner-music-group-acquires-controlling-stake-in-tempo-music\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY13223&amp;sd=2025-02-06\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/warner-music-group-acquires-controlling-stake-in-tempo-music\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/warner-music-group-acquires-controlling-stake-in-tempo-music\\\/\",\"name\":\"WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-acquires-controlling-stake-in-tempo-music\/","og_locale":"en_US","og_type":"article","og_title":"WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC - Market Newsdesk","og_description":"PR Newswire Catalog includes rights in songs recorded by Bruno Mars, Twenty One Pilots, Adele, Wiz Khalifa, Florida Georgia Line, and Lukas Graham Providence Equity Partners to Remain a Minority Investor NEW YORK , Feb. 6, 2025 \/PRNewswire\/ &#8212; Warner Music Group Corp. (&#8220;Warner Music Group&#8221; or &#8220;WMG&#8221;) today announced that it has acquired a controlling stake in Tempo Music Investments (&#8220;Tempo&#8221;), an investment platform for premium music rights, from Providence Equity Partners (&#8220;Providence&#8220;). Providence will remain a minority investor in Tempo and continue to work with WMG in an advisory capacity. WMG and Providence partnered to launch Tempo in 2019, combining Providence&#8217;s capital and investment expertise with WMG&#8217;s deep music industry experience, resources, and network to support, promote, and &hellip; Continue reading \"WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-acquires-controlling-stake-in-tempo-music\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-06T11:37:35+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY13223&amp;sd=2025-02-06","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-acquires-controlling-stake-in-tempo-music\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-acquires-controlling-stake-in-tempo-music\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC","datePublished":"2025-02-06T11:37:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-acquires-controlling-stake-in-tempo-music\/"},"wordCount":876,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-acquires-controlling-stake-in-tempo-music\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY13223&amp;sd=2025-02-06","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-acquires-controlling-stake-in-tempo-music\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-acquires-controlling-stake-in-tempo-music\/","name":"WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC - 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