09:40 AM EDT, 07/01/2025 (MT Newswires) -- Warner Music Group ( WMG ) and Bain Capital are forming a joint venture to invest up to $1.2 billion in music catalogs throughout both recorded music and music publishing, the companies said Tuesday.

The parties will equally invest in the new venture, Warner Music ( WMG ) and Bain said, adding that the JV will offer services to artists and songwriters to save and expand the reach of their catalogs.

WMG and Bain said they both will source and purchase the catalogs, while Warner will also oversee all aspects of marketing, distribution, and administration.

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