Industry Sep 19, 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
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Apollo Invests $1.25 Billion in BMG Subsidiary

Apollo-managed funds and affiliates have made a significant investment of $1.25 billion in a subsidiary of BMG. This subsidiary holds legacy Concord asset-backed securities, which are backed by a catalog comprising over 1 million songs. The investment secures a minority, noncontrolling interest for Apollo. Originally reported by Music Business Worldwide.