8legs: City national bank

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Music Industry Moves: Avex Secures $100 Million for Catalog Acquisitions, Harry Chapin Estate Partners With Primary Wave

Avex Music Group launches a $100 million fund for catalog acquisitions funded by equity and debt with City National Bank.
First acquisition under the new deal is the Infamous catalog, including Teddy Swims and collaborators like Lil Wayne and Charlie Puth.
Avex’s broader strategy includes Bruno Mars’ publishing administration partnership and a distribution deal with The Orchard.
Primary Wave Music will partner with the Harry Chapin estate to manage Chapin’s music, name, image, and likeness.
Harry Chapin’s family expresses enthusiasm, saying they are excited to introduce Chapin’s music to wider and younger audiences.
Concord’s acquisition by BMG and Mothership Music Publishing deal expand catalog and publishing reach in the industry.
Allison Jones is promoted to executive vice president of A&R at Big Machine Records/Nashville Harbor Records & Entertainment.

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