Warner Music buys French DJ David Guetta's music catalogue
Warner Music Group (WMG.O) said on Thursday it would buy celebrated French DJ David Guetta's recorded-music catalogue from the last two decades, and sign a new deal with him for future recordings. The move will add Guetta's body of work to the world's third-largest recording label that is home to artists including Cardi B, Ed Sheeran and Bruno Mars. Known for his collaborations with artists such as Akon, Snoop Dogg and Kid Cudi, Guetta has 50 million record sales and more than 14 billion streams to his name to date.
Source: reuters.com