KKR

KKR & Co. Inc. (formerly known as Kohlberg Kravis Roberts & Co) is a financial investment giant based in New York.

Its music interests have included a 51% stake in BMG, which it acquired in 2009.

KKR sold that stake to Bertelsmann – making Bertelsmann BMG’s 100% owner – in 2013 for approximately $1bn.

In 2020, KKR joined a $48m round in royalty-free music and content platform – and Epidemic Sound rival – Artlist.

And in Q1 2021, KKR announced that it had acquired a majority stake in a music catalog created by three-time Grammy winner Ryan Tedder.Music Business Worldwide

KKR In The News

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