Sony Music Group and Singapore’s GIC sovereign wealth fund are forming a joint venture to acquire music copyrights, planning to invest between $2 billion and $3 billion. The move will allow the Japanese entertainment giant to expand its song portfolio.
Announced on Wednesday, January 29, 2026, the joint venture will see Sony Music Group, the music division of Sony Group, manage the acquired catalogs. This includes distributing songs to streaming services and licensing older tracks for use in films and commercials. GIC will provide capital and investment expertise.
As one of the world’s largest record companies, Sony Music aims to build up its portfolio of copyrights through this project. Girish Karira, head of GIC’s integrated strategies group, said in a statement: “As a long-term investor, GIC seeks to be a creative and flexible capital partner to strategic industry leaders like Sony.”
The partnership highlights the growing importance of music copyrights as a stable revenue source amid the digitalization of the industry and the rise of streaming. It positions Sony to strengthen its presence in the global entertainment market.