Kingstreet makes first moves with publishing venture
Monday, Jan 24th 2005 at 3:20PMKingstreet Media Group, the publishing and media company launched at last year's Midem by a group of music industry veterans, has made its first steps into the market with the acquisition of Palan Music Publishing.
The Palan catalogue includes the rights to the Fleetwood Mac compositions of Peter Green and numerous television music copyrights, and is the first of a pair of acquisitions with a stated value of $40m (?21.4m). Kingstreet expects to announce another deal in the coming weeks.
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