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Headline : After securing $100m loan facility to buy music rights, Switzerland-based MusicBird acquires Midge Ure catalog

Read more from the original article on here at www.musicbusinessworldwide.com.





Tags : #securing #100m #loan #facility #buy #music #rights #switzerlandbased #musicbird #acquires #midge #ure #catalog


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MusicBird, a Switzerland-based music rights investment company, has acquired the music catalog of Scottish songwriter, recording artist and producer Midge Ure.

MusicBird says it has acquired the writers share, master recording and neighboring rights income on over 300 songs across Midge Ure’s solo career and his work with acts such as Ultravox, Visage and more.

News of the deal comes a month and a half after MusicBird signed what it called a “major financing deal” with Mitsubishi UFJ Financial Group (MUFG), to bolster its cash reserves for music rights deals.

The deal with MUFG gave MusicBird access to a loan facility of up to $100 million.

Read more from the original article on here at www.musicbusinessworldwide.com.


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