Sound Royalties Acquired by GoDigital, MEP Capital in 'High Eight-Figure' Deal

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GoDigital Media Group and media and entertainment investment firm MEP Capital have jointly acquired royalty-financing company Sound Royalties.

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 CEOnotes that the agreement represents the company's largest-ever non-music catalog acquisition.

In a statement, Peterson called Sound Royalties “a logical investment…considering how the company and the team are perfectly aligned with our thesis that music rights are the best alternative investment in the creative industries right now.” He added that the current leadership at Sound Royalties will remain intact and that representatives from GoDigital and MEP will join Sound Royalties' board.

 

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