SESAC Put Up for Sale for $500 Million

February 16th, 2012 by

The owners of #3 Performance Rights Organization, SESAC, have put it up for sale with a $500 million asking price. The New York Post’s Josh Kosman and Claire Atkinson broke the news yesterday.

SESAC is officially on the block.

Although SESAC issued a “business as usual” email to its affiliates today, it’s fair to wonder how changes in ownership would affect its members: SESAC is the only one of the three US PRO’s to have for-profit status.

Visit here to read the NY Post article.

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