Your email has been successfully added to our mailing list.

×
0.00214546234713584 0.00118000429092469 -0.00514910963312583 -0.00118000429092469 0.00407637845955814 -0.00225273546449253 -0.000214546234713538 0.00597511263677325
Stock impact report

Blackstone Unveils Music Investment Deal With Merck Mercuriadis [Financial Post (Toronto, Ontario, Canada)]

Warner Music Group Corp. - Class A (WMG) 
Company Research Source: Financial Post
The alternative asset manager said it would also take an ownership stake in Hipgnosis Song Management, the firm founded and run by Mercuriadis, according to a statement that confirmed an earlier Bloomberg News report. 17 best online deals in the Canadian retail space right now Advertisement The market for music copyrights become more competitive, thanks in part to the aggressive spending of Mercuriadis's Hipgnosis Songs Funds Ltd., a publicly traded investment vehicle operated by his management firm. Advertisement Article content It's also gotten more competitive, with music labels Universal Music Group NV and Warner Music Group Corp. buying catalogs too. Blackstone will be relying on Mercuriadis, a former manager of Elton John, Guns N' Roses and Beyoncé, to use his deep connections in the music industry to strike deals with artists. Under these agreements, the firms make upfront cash payments to artists in exchange for rights to their songs, which they can then monet Show less Read more
Impact Snapshot
Event Time:
WMG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for WMG alerts
Opt-in for
WMG alerts

from News Quantified
Opt-in for
WMG alerts

from News Quantified