Industry Sep 18, 2026
Apollo Invests $1.25 Billion in BMG Subsidiary
Apollo-managed funds and affiliates have acquired what Apollo describes as a "noncontrolling interest" in a subsidiary of BMG that holds the legacy Concord asset-backed securities, backed by a catalog
Originally published by
Music Business Worldwide
Funds and affiliates managed by Apollo have purchased a minority stake in a BMG subsidiary that holds legacy Concord asset-backed securities. These securities are backed by a catalog comprising over 1 million songs. Apollo characterized its investment as a "noncontrolling interest." Originally reported by Music Business Worldwide.