GoDigital Music has acquired several Latin music rights catalogs — including masters and publishing — in a transaction valued at approximately $115 million, the company tells Billboard. GoDigital, which did not specify from whom it bought the music, also acquired the publishing catalog of salsa music superstar Marc Anthony. The company declined to provide further details on the Anthony deal, including the cost of the acquisition.
The deal adds more than 30,000 new assets to GoDigital Music’s catalog, marking a major milestone in the company’s expansion into culturally resonant music IP, according to a press release. The acquisition was financed by Regions Bank and Corrum Capital.
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