How megabucks-backed SESAC plans to simplify the music business

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SESAC, one of the most ambitious companies in music, is now officially backed by Blackstone – one of the most powerful private equity companies in the world. Blackstone’s average investment in portfolio companies totals hundreds of millions of dollars. Rizvi reportedly bought its 75% stake in SESAC for approximately $600m in 2013.   read more at musicbusinessworldwide.com

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