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Catalog Kings: Warner & Bain's Billion-Dollar Bet

Warner Music Group and Bain Capital have joined forces in a $1.2 billion venture to acquire iconic music catalogs. This collection features carefully selected companies positioned to benefit from the increasing value of music rights and the growing interest from institutional investors in this emerging asset class.

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Author avatar

Han Tan | Market Analyst

Updated 1 day ago | Published at July 2

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

WMG

Warner Music Group

WMG

Current price

$32.53

As a partner in the joint venture, WMG is directly positioned to benefit from acquiring and monetizing new music catalogs.

SPOT

Spotify Technology SA

SPOT

Current price

$732.81

The growth of streaming is what makes catalogs valuable; Spotify's platform is a primary driver of the revenue these catalogs generate.

RSVR

RESERVOIR MEDIA INC

RSVR

Current price

$7.67

As an owner of a diverse music catalog, its assets become more valuable in a market with high-profile buyers like the WMG/Bain JV.

About This Group of Stocks

1

Our Expert Thinking

Music rights are being recognized as a premium asset class by major investors. The Warner-Bain partnership signals a new era where companies that own, manage, or distribute music catalogs stand to benefit from rising valuations and increased transaction activity in the music IP space.

2

What You Need to Know

This collection includes music publishers, streaming services, radio companies, and asset managers with exposure to music rights. These companies are positioned to capture value from the growing trend of treating creative assets as financial investments with stable, long-term returns.

3

Why These Stocks

We've handpicked companies directly involved in the music rights business as well as those that benefit from adjacent growth. From major players like Warner Music Group to streaming platforms and radio networks, each company has strategic positioning in this evolving landscape.

Group Performance Snapshot

12 of 14

Stocks Rated Buy by Analysts

12 of 14 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🎵

Music Rights Are Going Mainstream

Big investors are treating music catalogs like gold mines, pouring billions into acquiring hit songs. This rush of capital is creating a rising tide that lifts companies with existing music rights portfolios.

💰

The $1.2 Billion Signal

Warner and Bain's massive joint venture isn't just another deal—it's validation that music IP is now a premium asset class. Companies in this collection are at the forefront of a major shift in how creative content is valued.

🔄

Streaming Changed Everything

The stability of streaming revenues has transformed music catalogs from unpredictable assets into reliable income streams. This fundamental shift is driving valuation increases across the entire music rights ecosystem.

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