In a inventory alternate discover at present (4 March), the board stated the preliminary valuation report supplied by music rights specialist Shot Tower Capital, signifies a 26.3% discount to the valuation supplied by former unbiased valuer Citrin Cooperman in December 2023.
The report suggests a good market worth vary for the portfolio between $1.8bn and $2.06bn, or $1.74bn and $2bn after factoring in contingent catalogue bonuses amounting to $59.9m. This contrasts with the beforehand disclosed truthful worth recorded as of 30 September 2023 of $2.62bn, and $2.55bn after accounting for {the catalogue}…
