Sound Royalties Acquired by GoDigital, MEP Capital in 'High Eight-Figure' Deal - NewsBreak
By Austine in Business
Updated 3 years ago
GoDigital Media Group and media and entertainment investment firm MEP Capital have jointly acquired royalty-financing company Sound Royalties in a "high eight-figure purchase," it was announced this week. The exact terms of the deal were not disclosed, but in a press release, GoDigital CEO Jason Peterson notes that the agreement represents the company's largest-ever non-music catalog acquisition.