By Murray Stassen at MBW
The launch of the PRO inquiry follows significant activity in the US PRO landscape in recent months, including the news of GMR’s majority acquisition by US-based private equity company Hellman & Friedman, valuing it at USD $3.3 billion.
Blackstone was also reported in January to be exploring a potential $3 billion+ sale of SESAC.
As part of the investigation, the USCO launched a call for written submissions from the public, with a deadline of Friday last week (April 11). ASCAP, BMI, GMR, and SESAC all responded at length. (click image for more)
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