https://www.reuters.com/article/blackstone-hipgnosis-songs-partnership/blackstone-hipgnosis-partner-to-invest-in-music-as-online-streaming-booms-idUSKBN2H212V

(Reuters) -Blackstone said on Tuesday it would deploy around $1 billion in partnership with an advisory firm owned by music executive Merck Mercuriadis to buy music rights and record songs as online streaming gains popularity and becomes more lucrative.