Reservoir Media
Deal – Acquired 90% of the Miles Davis publishing catalog (estimated $40–60M). Includes rights to name/likeness and plans for centennial projects (biopic, tour, events).

Golnar Khosrowshahi – CEO
Email – golnar.khosrowshahi@reservoir-media.com
Instagram – @golnar_khosrowshahi

Universal Music Group / Virgin Music Group
Deal – $775M proposed acquisition of Downtown Music placed on temporary hold by EU antitrust regulators.

JT Myers – Co-CEO, Virgin Music Group
Email – jt.myers@umusic.com

Andrew Bergman – CEO, Downtown Music
Email – andrew@downtownmusic.com

Justin Kalifowitz – Founder & Executive Chairman, Downtown
Email – justink@downtownmusic.com
Instagram – @jkalifowitz

Will Tanous – EVP & CAO, UMG
Email – will.tanous@umusic.com

Bowie Bonds / Music Royalty Investments
Deal – $4.4B raised in 2025 through music royalty-backed securities. Driven by major financial groups treating music IP as a stable asset class.
Key Players – Blackstone, Carlyle, Michigan State Pension Fund; major rights partner Concord.

Carlyle / Litmus Music
Hank Forsyth – Co-Founder & CEO, Litmus Music
Email – hank@litmusmusic.com

Matt Settle – Managing Director, Carlyle Global Credit (Music Rights Securitization Lead)
Email – matt@litmusmusic.com

Concord (owned by Michigan State Retirement System)
Bob Valentine – CEO
Email – bob.valentine@concord.com

Steve Smith – Chairman & COO
Email – steve.smith@concord.com

Victor Zaraya – COO
Email – victor.zaraya@concord.com

Tom Becci – Chief Executive
Email – tom.becci@concord.com

Blackstone
Stephen Schwarzman – Chairman & CEO
Email – stephen.schwarzman@blackstone.com
Phone – +1 212 583 5000

Jonathan Gray – President & COO
Email – jonathan.gray@blackstone.com

Michael Chae – Vice Chairman & CFO
Email – michael.chae@blackstone.com

22D Music Group
Deal – Acquired a strategic stake in Velvetica Music (Paris-based indie publisher).

Emmanuel Delétang – CEO & Co-Founder

Sören Bauermeister – CEO, 22D Music Germany
Email – soerenb@22dmusic.com

Coralie Jacquier – Head of Licensing
Email – coraliej@22dmusic.com