Sony Music Publishing (“SMP”) today announced its agreement to acquire the complete music rights portfolio of Recognition Music Group from funds managed by Blackstone, subject to customary closing conditions. The deal is in partnership with the investment venture announced earlier this year between GIC and Sony Music Group, focused on acquiring and growing high‑quality music catalog assets across genres and international markets.
The deal will see Sony Music Publishing acquiring Recognition’s entire catalog of works, encompassing over 45,000 songs performed by many of the world’s most renowned artists, including Journey’s “Don’t Stop Believin’,” Red Hot Chili Peppers’ “Under the Bridge,” Fleetwood Mac’s “Go Your Own Way,” Beyoncé’s “Single Ladies (Put A Ring On It),” Bruno Mars’ “Locked Out of Heaven,” Leonard Cohen’s “Hallelujah,” Chic’s “Good Times,” Soundgarden’s “Black Hole Sun,” Lady Gaga’s “Bad Romance,” Bon Jovi’s “Livin’ On A Prayer,” Rihanna’s “Umbrella,” Eurythmics’ “Sweet Dreams (Are Made Of This),” Shakira’s “Whenever, Wherever,” Steve Winwood’s “Higher Love” and Mariah Carey’s “All I Want For Christmas Is You,” among many others.