Mediagazer: Primary Wave Music acquires a 50% stake in the Brazilian company Nas Nuvens, which holds music catalogs of about 40 artists, valuing Nas Nuvens at ~$100M (Lucas Shaw/Bloomberg)

5:40 PM ET, February 1, 2024

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Lucas Shaw / Bloomberg:

Primary Wave Music acquires a 50% stake in the Brazilian company Nas Nuvens, which holds music catalogs of about 40 artists, valuing Nas Nuvens at ~$100M — - Primary Wave invests in the Brazilian company Nas Nuvens — Funding round values Nas Nuvens at around $100 million

Discussion: Music Business Worldwide

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