News & Announcements

Weil Advises Providence Equity Partners in the Sale of a Controlling Stake in Tempo to Warner Music Group

Weil advised Providence Equity Partners and its portfolio company Tempo Music Investments, an investment platform for premium music rights, in the sale of Tempo’s controlling stake to Warner Music Group. Providence will remain a minority investor in Tempo and continue to work with Warner Music Group in an advisory capacity.

Since inception, Tempo has acquired music rights from some of today's leading songwriters, including Twenty One Pilots' Tyler Joseph, multi-platinum-selling recording artist Wiz Khalifa, country duo Florida Georgia Line, GRAMMY® Award-winning songwriters Brett James and Shane McAnally, as well as Lukas Graham songwriters Stefan Forrest, Morten Pilegaard, Morten Ristorp Jensen, and Jaramye Daniels.

The Weil team is led by U.S. Private Equity Co-Head Ramona Nee and Private Equity partner Jakub Wronski, and includes counsel Jason Ottomano and associates Ella Woodward and Julie Huber; Executive Compensation & Benefits partner Jennifer Britz; Tax partner Hillel Jacobson and counsel Adam Sternberg; Antitrust counsel Carla Hine and Dan Nobil; and Technology & IP Transactions Co-Head Jeffrey Osterman and associate Maryann Thompson.

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