Searchlight Capital Invests in Chord Music Partners

Paul, Weiss advised funds managed by Searchlight Capital Partners, L.P., on their strategic investment in Chord Music Partners, a leading management and acquisition platform for music intellectual property. The partnership will help Chord expand its recorded music and publishing catalogs while enhancing its ability to identify and execute new acquisition opportunities. Chord’s portfolio includes works from many iconic artists, such as Morgan Wallen, The Weeknd, David Guetta, Lorde and John Legend, and the company counts a strategic partnership with Universal Music Group among its key existing music industry relationships. Financial details of the investment were not disclosed.

The Paul, Weiss team was led by corporate partners Joseph Glatt, Austin Pollet and Anastasia Peterson, and included partner Ted McBride; intellectual property partner Chuck Googe; and tax partner Reuven Garrett.