OneRepublic vocalist and songwriter to the stars Ryan Tedder has sold a majority stake in his publishing catalogue to KKR, the investment firm that was pretty active in music rights for a while as a key financial backer of the current incarnation of BMG in its early years.Tedder’s catalogue contains nearly 500 songs, including works recorded by the likes of Beyonce, Adele, Lady Gaga, U2 and Cardi B, as well as OneRepublic.“The music industry is undergoing an incredible period of transformation”, he says. “Streaming and all forms of digital content are not only providing new avenues for how we consume music, but also for how artists can reach new audiences in a much more immersive way.
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