Cinq Music Lands Another $250 Million to Fund Acquisitions ...Middle East

Cinq Music has raised $250 million from parent company GoDigital Media Group to fund further acquisitions of music rights, the company announced Monday (Feb. 12). This latest funding round builds on the $160 million GoDigital had previously given Cinq to build a repertoire of music rights — $20 million in August 2017, $40 million in August 2019 and $100 million in April 2022. “It has always been our ultimate vision to amass a billion-dollar balance sheet of music rights,” Jason Peterson, chairman/CEO of GoDigital Media Group, said in a statement. “With Cinq’s continuous expansion, operational excellence, and keen a

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