Music deals in focus after Pophouse acquires stake in Sia’s master music rights; Forward Consumer Partners featured in They Said It

Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. Music is in the spotlight today, after the latest music rights deal by Pophouse. The Stockholm-based investment firm announced yesterday that it has agreed to acquire a 50 percent stake in the publishing and master music rights of Australian singer-songwriter Sia.

We also delve into our previous music rights coverage. In today’s They Said It, we look at corporate carve-outs in the consumer segment with commentary from Matt Leeds, founder and managing partner at Forward Consumer Partners. Show business Music is an “exceptionally active” market, Josh Love, a partner in law firm Reed Smith’s global entertainment and media industry group, told my colleague Iris Dorbian in August.

Given the increased competition for dealflow in the segment, Reed Smith sees the “net being cast much wider than ever before,” Love told Iris. “There are buyers pursuing iconic catalogs, others focused on lower mid-market opportunities, and others targeting small deals that wouldn’t have traded in the past. Everybody has a different investment thesis.” We saw another music deal yesterday, with Pophouse announcing its agreement to acquire a 50 percent stake in the publishing and master music rights of Sia. The investment is made through Pophouse Fund I, the firm’s debut fund.

The fund closed in March 2025 at its hard-cap of €1 billion, and Pophouse raised more than €200 million more through dedicated co-investment vehicles. Sia has received nine Grammy nominations, and her songs have been streamed billions of times. Her catalog includes Unstoppable, Chandelier, Elastic Heart and Cheap Thrills.

Pophouse will help Sia develop new creative ventures and will work with her on projects in a range of formats to bring her music to new audiences. “Few artists have shaped modern pop as profoundly as Sia, whose songwriting and unmistakable voice have defined some of the most iconic records of the past few decades,” said Shahriar Shokofan, fund partner at Pophouse, in a statement. He said the firm shares Sia’s ambition “to support the continued growth of her catalogue and to unlock new audiences around the world.” The deal is Pophouse’s third artist partnership of 2026. In July, the firm bought a stake in the publishing and master music rights of Iron Maiden, along with the band’s name, image and likeness rights.

In March, it took a majority stake in Tina Turner’s music interests. Its portfolio also includes partnerships with Cyndi Lauper, KISS, Avicii and Swedish House Mafia. For a deep dive into the firm’s acquisition of Tina Turner’s catalog, check out Iris’s story exploring the complexities of preserving her legacy.

Carve-outs have been popular a deal type of late as companies look to divest non-core units due to macroeconomic uncertainty. This week, my colleague Rafael Canton looked into carve-outs in the consumer segment, where private equity is looking for value in companies’ lower-priority brands.

Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. Music is in the spotlight today, after the latest music rights deal by Pophouse. The Stockholm-based investment firm announced yesterday that it has agreed to acquire a 50 percent stake in the publishing and master music rights of Australian singer-songwriter Sia.

We also delve into our previous music rights coverage. In today’s They Said It, we look at corporate carve-outs in the consumer segment with commentary from Matt Leeds, founder and managing partner at Forward Consumer Partners. Show business Music is an “exceptionally active” market, Josh Love, a partner in law firm Reed Smith’s global entertainment and media industry group, told my colleague Iris Dorbian in August.

Given the increased competition for dealflow in the segment, Reed Smith sees the “net being cast much wider than ever before,” Love told Iris. “There are buyers pursuing iconic catalogs, others focused on lower mid-market opportunities, and others targeting small deals that wouldn’t have traded in the past. Everybody has a different investment thesis.” We saw another music deal yesterday, with Pophouse announcing its agreement to acquire a 50 percent stake in the publishing and master music rights of Sia. The investment is made through Pophouse Fund I, the firm’s debut fund.

The fund closed in March 2025 at its hard-cap of €1 billion, and Pophouse raised more than €200 million more through dedicated co-investment vehicles. Sia has received nine Grammy nominations, and her songs have been streamed billions of times. Her catalog includes Unstoppable, Chandelier, Elastic Heart and Cheap Thrills.

Pophouse will help Sia develop new creative ventures and will work with her on projects in a range of formats to bring her music to new audiences. “Few artists have shaped modern pop as profoundly as Sia, whose songwriting and unmistakable voice have defined some of the most iconic records of the past few decades,” said Shahriar Shokofan, fund partner at Pophouse, in a statement. He said the firm shares Sia’s ambition “to support the continued growth of her catalogue and to unlock new audiences around the world.” The deal is Pophouse’s third artist partnership of 2026. In July, the firm bought a stake in the publishing and master music rights of Iron Maiden, along with the band’s name, image and likeness rights.

In March, it took a majority stake in Tina Turner’s music interests. Its portfolio also includes partnerships with Cyndi Lauper, KISS, Avicii and Swedish House Mafia. For a deep dive into the firm’s acquisition of Tina Turner’s catalog, check out Iris’s story exploring the complexities of preserving her legacy.

Carve-outs have been popular a deal type of late as companies look to divest non-core units due to macroeconomic uncertainty. This week, my colleague Rafael Canton looked into carve-outs in the consumer segment, where private equity is looking for value in companies’ lower-priority brands.

Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. Music is in the spotlight today, after the latest music rights deal by Pophouse. The Stockholm-based investment firm announced yesterday that it has agreed to acquire a 50 percent stake in the publishing and master music rights of Australian singer-songwriter Sia.

We also delve into our previous music rights coverage. In today’s They Said It, we look at corporate carve-outs in the consumer segment with commentary from Matt Leeds, founder and managing partner at Forward Consumer Partners. Show business Music is an “exceptionally active” market, Josh Love, a partner in law firm Reed Smith’s global entertainment and media industry group, told my colleague Iris Dorbian in August.

Given the increased competition for dealflow in the segment, Reed Smith sees the “net being cast much wider than ever before,” Love told Iris. “There are buyers pursuing iconic catalogs, others focused on lower mid-market opportunities, and others targeting small deals that wouldn’t have traded in the past. Everybody has a different investment thesis.” We saw another music deal yesterday, with Pophouse announcing its agreement to acquire a 50 percent stake in the publishing and master music rights of Sia. The investment is made through Pophouse Fund I, the firm’s debut fund.

The fund closed in March 2025 at its hard-cap of €1 billion, and Pophouse raised more than €200 million more through dedicated co-investment vehicles. Sia has received nine Grammy nominations, and her songs have been streamed billions of times. Her catalog includes Unstoppable, Chandelier, Elastic Heart and Cheap Thrills.

Pophouse will help Sia develop new creative ventures and will work with her on projects in a range of formats to bring her music to new audiences. “Few artists have shaped modern pop as profoundly as Sia, whose songwriting and unmistakable voice have defined some of the most iconic records of the past few decades,” said Shahriar Shokofan, fund partner at Pophouse, in a statement. He said the firm shares Sia’s ambition “to support the continued growth of her catalogue and to unlock new audiences around the world.” The deal is Pophouse’s third artist partnership of 2026. In July, the firm bought a stake in the publishing and master music rights of Iron Maiden, along with the band’s name, image and likeness rights.

In March, it took a majority stake in Tina Turner’s music interests. Its portfolio also includes partnerships with Cyndi Lauper, KISS, Avicii and Swedish House Mafia. For a deep dive into the firm’s acquisition of Tina Turner’s catalog, check out Iris’s story exploring the complexities of preserving her legacy.

Carve-outs have been popular a deal type of late as companies look to divest non-core units due to macroeconomic uncertainty. This week, my colleague Rafael Canton looked into carve-outs in the consumer segment, where private equity is looking for value in companies’ lower-priority brands.

Good morning, Nina Lindholm aquí con la Europe Wire desde la redacción de Londres. La música está en el centro de atención hoy, después del último acuerdo de derechos musicales de Pophouse. La firma de inversión con sede en Estocolmo anunció ayer que ha acordado adquirir una participación del 50 por ciento en los derechos de publicación y master musical de la cantante australiana Sia.

También profundizamos en nuestra cobertura anterior de derechos musicales. En el de hoy They Said It, analizamos desprendimientos corporativos en el segmento de consumo con comentarios de Matt Leeds, fundador y socio gerente de Forward Consumer Partners. Show business La música es un mercado "excepcionalmente activo", dijo Josh Love, socio del bufete de abogados Reed Smith global de entretenimiento e industria mediática, a mi colega Iris Dorbian en agosto.

Dado el aumento de la competencia por el flujo de operaciones en el segmento, Reed Smith ve la "red siendo lanzada mucho más amplia que nunca antes", dijo Love a Iris. "Hay compradores persiguiendo catálogos icónicos, otros centrados en oportunidades de mercado medio bajo, y otros que buscan acuerdos pequeños que no se negociaban en el pasado. Todos tienen una tesis de inversión diferente." Vimos otro acuerdo musical ayer, con Pophouse anunciando su acuerdo para adquirir una participación del 50 por ciento en los derechos de publicación y master musical de Sia. La inversión se realiza a través de Pophouse Fund I, el primer fondo del firm.

El fondo se cerró en marzo de 2025 con su límite duro de 1.000 millones de euros, y Pophouse recaudó más de 200 millones de euros más a través de vehículos de co-inversión dedicados. Sia ha recibido nueve nominaciones al Grammy, y sus canciones han sido transmitidas miles de millones de veces. Su catálogo incluye Unstoppable, Chandelier, Elastic Heart y Cheap Thrills.

Pophouse ayudará a Sia a desarrollar nuevas iniciativas creativas y trabajará con ella en proyectos en una variedad de formatos para llevar su música a nuevas audiencias. "Pocos artistas han moldeado la pop moderna tan profundamente como Sia, cuya composición y voz inconfundible han definido algunos de los discos más icónicos de las últimas décadas", dijo Shahriar Shokofan, socio del fondo en Pophouse, en un comunicado. Dijo que la firma comparte la ambición de Sia "para apoyar el crecimiento continuo de su catálogo y desbloquear nuevas audiencias alrededor del mundo." El trato es la tercera asociación artística de Pophouse en 2026. En julio, la firma compró una participación en los derechos de publicación y master musical de Iron Maiden, junto con los derechos de nombre, imagen y semejanza de la banda.

En marzo, tomó una participación mayoritaria en los intereses musicales de Tina Turner. Su cartera también incluye asociaciones con Cyndi Lauper, KISS, Avicii y Swedish House Mafia. Para un vistazo profundo a la adquisición del catálogo de Tina Turner por parte del firm, consulte la historia de Iris explorando las complejidades de preservar su legado.

Los desprendimientos han sido un tipo de operación popular últimamente mientras las empresas buscan desprenderse de unidades no estratégicas debido a la incertidumbre macroeconómica. Esta semana, mi colega Rafael Canton se enfocó en desprendimientos en el segmento de consumo, donde el capital de riesgo busca valor en las marcas de menor prioridad de las empresas.

Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. Music is in the spotlight today, after the latest music rights deal by Pophouse. The Stockholm-based investment firm announced yesterday that it has agreed to acquire a 50 percent stake in the publishing and master music rights of Australian singer-songwriter Sia.

We also delve into our previous music rights coverage. In today’s They Said It, we look at corporate carve-outs in the consumer segment with commentary from Matt Leeds, founder and managing partner at Forward Consumer Partners. Show business Music is an “exceptionally active” market, Josh Love, a partner in law firm Reed Smith’s global entertainment and media industry group, told my colleague Iris Dorbian in August.

Given the increased competition for dealflow in the segment, Reed Smith sees the “net being cast much wider than ever before,” Love told Iris. “There are buyers pursuing iconic catalogs, others focused on lower mid-market opportunities, and others targeting small deals that wouldn’t have traded in the past. Everybody has a different investment thesis.” We saw another music deal yesterday, with Pophouse announcing its agreement to acquire a 50 percent stake in the publishing and master music rights of Sia. The investment is made through Pophouse Fund I, the firm’s debut fund.

The fund closed in March 2025 at its hard-cap of €1 billion, and Pophouse raised more than €200 million more through dedicated co-investment vehicles. Sia has received nine Grammy nominations, and her songs have been streamed billions of times. Her catalog includes Unstoppable, Chandelier, Elastic Heart and Cheap Thrills.

Pophouse will help Sia develop new creative ventures and will work with her on projects in a range of formats to bring her music to new audiences. “Few artists have shaped modern pop as profoundly as Sia, whose songwriting and unmistakable voice have defined some of the most iconic records of the past few decades,” said Shahriar Shokofan, fund partner at Pophouse, in a statement. He said the firm shares Sia’s ambition “to support the continued growth of her catalogue and to unlock new audiences around the world.” The deal is Pophouse’s third artist partnership of 2026. In July, the firm bought a stake in the publishing and master music rights of Iron Maiden, along with the band’s name, image and likeness rights.

In March, it took a majority stake in Tina Turner’s music interests. Its portfolio also includes partnerships with Cyndi Lauper, KISS, Avicii and Swedish House Mafia. For a deep dive into the firm’s acquisition of Tina Turner’s catalog, check out Iris’s story exploring the complexities of preserving her legacy.

Carve-outs have been popular a deal type of late as companies look to divest non-core units due to macroeconomic uncertainty. This week, my colleague Rafael Canton looked into carve-outs in the consumer segment, where private equity is looking for value in companies’ lower-priority brands.

Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. Music is in the spotlight today, after the latest music rights deal by Pophouse. The Stockholm-based investment firm announced yesterday that it has agreed to acquire a 50 percent stake in the publishing and master music rights of Australian singer-songwriter Sia.

We also delve into our previous music rights coverage. In today’s They Said It, we look at corporate carve-outs in the consumer segment with commentary from Matt Leeds, founder and managing partner at Forward Consumer Partners. Show business Music is an “exceptionally active” market, Josh Love, a partner in law firm Reed Smith’s global entertainment and media industry group, told my colleague Iris Dorbian in August.

Given the increased competition for dealflow in the segment, Reed Smith sees the “net being cast much wider than ever before,” Love told Iris. “There are buyers pursuing iconic catalogs, others focused on lower mid-market opportunities, and others targeting small deals that wouldn’t have traded in the past. Everybody has a different investment thesis.” We saw another music deal yesterday, with Pophouse announcing its agreement to acquire a 50 percent stake in the publishing and master music rights of Sia. The investment is made through Pophouse Fund I, the firm’s debut fund.

The fund closed in March 2025 at its hard-cap of €1 billion, and Pophouse raised more than €200 million more through dedicated co-investment vehicles. Sia has received nine Grammy nominations, and her songs have been streamed billions of times. Her catalog includes Unstoppable, Chandelier, Elastic Heart and Cheap Thrills.

Pophouse will help Sia develop new creative ventures and will work with her on projects in a range of formats to bring her music to new audiences. “Few artists have shaped modern pop as profoundly as Sia, whose songwriting and unmistakable voice have defined some of the most iconic records of the past few decades,” said Shahriar Shokofan, fund partner at Pophouse, in a statement. He said the firm shares Sia’s ambition “to support the continued growth of her catalogue and to unlock new audiences around the world.” The deal is Pophouse’s third artist partnership of 2026. In July, the firm bought a stake in the publishing and master music rights of Iron Maiden, along with the band’s name, image and likeness rights.

In March, it took a majority stake in Tina Turner’s music interests. Its portfolio also includes partnerships with Cyndi Lauper, KISS, Avicii and Swedish House Mafia. For a deep dive into the firm’s acquisition of Tina Turner’s catalog, check out Iris’s story exploring the complexities of preserving her legacy.

Carve-outs have been popular a deal type of late as companies look to divest non-core units due to macroeconomic uncertainty. This week, my colleague Rafael Canton looked into carve-outs in the consumer segment, where private equity is looking for value in companies’ lower-priority brands.

Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. Music is in the spotlight today, after the latest music rights deal by Pophouse. The Stockholm-based investment firm announced yesterday that it has agreed to acquire a 50 percent stake in the publishing and master music rights of Australian singer-songwriter Sia.

We also delve into our previous music rights coverage. In today’s They Said It, we look at corporate carve-outs in the consumer segment with commentary from Matt Leeds, founder and managing partner at Forward Consumer Partners. Show business Music is an “exceptionally active” market, Josh Love, a partner in law firm Reed Smith’s global entertainment and media industry group, told my colleague Iris Dorbian in August.

Given the increased competition for dealflow in the segment, Reed Smith sees the “net being cast much wider than ever before,” Love told Iris. “There are buyers pursuing iconic catalogs, others focused on lower mid-market opportunities, and others targeting small deals that wouldn’t have traded in the past. Everybody has a different investment thesis.” We saw another music deal yesterday, with Pophouse announcing its agreement to acquire a 50 percent stake in the publishing and master music rights of Sia. The investment is made through Pophouse Fund I, the firm’s debut fund.

The fund closed in March 2025 at its hard-cap of €1 billion, and Pophouse raised more than €200 million more through dedicated co-investment vehicles. Sia has received nine Grammy nominations, and her songs have been streamed billions of times. Her catalog includes Unstoppable, Chandelier, Elastic Heart and Cheap Thrills.

Pophouse will help Sia develop new creative ventures and will work with her on projects in a range of formats to bring her music to new audiences. “Few artists have shaped modern pop as profoundly as Sia, whose songwriting and unmistakable voice have defined some of the most iconic records of the past few decades,” said Shahriar Shokofan, fund partner at Pophouse, in a statement. He said the firm shares Sia’s ambition “to support the continued growth of her catalogue and to unlock new audiences around the world.” The deal is Pophouse’s third artist partnership of 2026. In July, the firm bought a stake in the publishing and master music rights of Iron Maiden, along with the band’s name, image and likeness rights.

In March, it took a majority stake in Tina Turner’s music interests. Its portfolio also includes partnerships with Cyndi Lauper, KISS, Avicii and Swedish House Mafia. For a deep dive into the firm’s acquisition of Tina Turner’s catalog, check out Iris’s story exploring the complexities of preserving her legacy.

Carve-outs have been popular a deal type of late as companies look to divest non-core units due to macroeconomic uncertainty. This week, my colleague Rafael Canton looked into carve-outs in the consumer segment, where private equity is looking for value in companies’ lower-priority brands.

Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. Music is in the spotlight today, after the latest music rights deal by Pophouse. The Stockholm-based investment firm announced yesterday that it has agreed to acquire a 50 percent stake in the publishing and master music rights of Australian singer-songwriter Sia.

We also delve into our previous music rights coverage. In today’s They Said It, we look at corporate carve-outs in the consumer segment with commentary from Matt Leeds, founder and managing partner at Forward Consumer Partners. Show business Music is an “exceptionally active” market, Josh Love, a partner in law firm Reed Smith’s global entertainment and media industry group, told my colleague Iris Dorbian in August.

Given the increased competition for dealflow in the segment, Reed Smith sees the “net being cast much wider than ever before,” Love told Iris. “There are buyers pursuing iconic catalogs, others focused on lower mid-market opportunities, and others targeting small deals that wouldn’t have traded in the past. Everybody has a different investment thesis.” We saw another music deal yesterday, with Pophouse announcing its agreement to acquire a 50 percent stake in the publishing and master music rights of Sia. The investment is made through Pophouse Fund I, the firm’s debut fund.

The fund closed in March 2025 at its hard-cap of €1 billion, and Pophouse raised more than €200 million more through dedicated co-investment vehicles. Sia has received nine Grammy nominations, and her songs have been streamed billions of times. Her catalog includes Unstoppable, Chandelier, Elastic Heart and Cheap Thrills.

Pophouse will help Sia develop new creative ventures and will work with her on projects in a range of formats to bring her music to new audiences. “Few artists have shaped modern pop as profoundly as Sia, whose songwriting and unmistakable voice have defined some of the most iconic records of the past few decades,” said Shahriar Shokofan, fund partner at Pophouse, in a statement. He said the firm shares Sia’s ambition “to support the continued growth of her catalogue and to unlock new audiences around the world.” The deal is Pophouse’s third artist partnership of 2026. In July, the firm bought a stake in the publishing and master music rights of Iron Maiden, along with the band’s name, image and likeness rights.

In March, it took a majority stake in Tina Turner’s music interests. Its portfolio also includes partnerships with Cyndi Lauper, KISS, Avicii and Swedish House Mafia. For a deep dive into the firm’s acquisition of Tina Turner’s catalog, check out Iris’s story exploring the complexities of preserving her legacy.

Carve-outs have been popular a deal type of late as companies look to divest non-core units due to macroeconomic uncertainty. This week, my colleague Rafael Canton looked into carve-outs in the consumer segment, where private equity is looking for value in companies’ lower-priority brands.

Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. Music is in the spotlight today, after the latest music rights deal by Pophouse. The Stockholm-based investment firm announced yesterday that it has agreed to acquire a 50 percent stake in the publishing and master music rights of Australian singer-songwriter Sia.

We also delve into our previous music rights coverage. In today’s They Said It, we look at corporate carve-outs in the consumer segment with commentary from Matt Leeds, founder and managing partner at Forward Consumer Partners. Show business Music is an “exceptionally active” market, Josh Love, a partner in law firm Reed Smith’s global entertainment and media industry group, told my colleague Iris Dorbian in August.

Given the increased competition for dealflow in the segment, Reed Smith sees the “net being cast much wider than ever before,” Love told Iris. “There are buyers pursuing iconic catalogs, others focused on lower mid-market opportunities, and others targeting small deals that wouldn’t have traded in the past. Everybody has a different investment thesis.” We saw another music deal yesterday, with Pophouse announcing its agreement to acquire a 50 percent stake in the publishing and master music rights of Sia. The investment is made through Pophouse Fund I, the firm’s debut fund.

The fund closed in March 2025 at its hard-cap of €1 billion, and Pophouse raised more than €200 million more through dedicated co-investment vehicles. Sia has received nine Grammy nominations, and her songs have been streamed billions of times. Her catalog includes Unstoppable, Chandelier, Elastic Heart and Cheap Thrills.

Pophouse will help Sia develop new creative ventures and will work with her on projects in a range of formats to bring her music to new audiences. “Few artists have shaped modern pop as profoundly as Sia, whose songwriting and unmistakable voice have defined some of the most iconic records of the past few decades,” said Shahriar Shokofan, fund partner at Pophouse, in a statement. He said the firm shares Sia’s ambition “to support the continued growth of her catalogue and to unlock new audiences around the world.” The deal is Pophouse’s third artist partnership of 2026. In July, the firm bought a stake in the publishing and master music rights of Iron Maiden, along with the band’s name, image and likeness rights.

In March, it took a majority stake in Tina Turner’s music interests. Its portfolio also includes partnerships with Cyndi Lauper, KISS, Avicii and Swedish House Mafia. For a deep dive into the firm’s acquisition of Tina Turner’s catalog, check out Iris’s story exploring the complexities of preserving her legacy.

Carve-outs have been popular a deal type of late as companies look to divest non-core units due to macroeconomic uncertainty. This week, my colleague Rafael Canton looked into carve-outs in the consumer segment, where private equity is looking for value in companies’ lower-priority brands.

Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. Music is in the spotlight today, after the latest music rights deal by Pophouse. The Stockholm-based investment firm announced yesterday that it has agreed to acquire a 50 percent stake in the publishing and master music rights of Australian singer-songwriter Sia.

We also delve into our previous music rights coverage. In today’s They Said It, we look at corporate carve-outs in the consumer segment with commentary from Matt Leeds, founder and managing partner at Forward Consumer Partners. Show business Music is an “exceptionally active” market, Josh Love, a partner in law firm Reed Smith’s global entertainment and media industry group, told my colleague Iris Dorbian in August.

Given the increased competition for dealflow in the segment, Reed Smith sees the “net being cast much wider than ever before,” Love told Iris. “There are buyers pursuing iconic catalogs, others focused on lower mid-market opportunities, and others targeting small deals that wouldn’t have traded in the past. Everybody has a different investment thesis.” We saw another music deal yesterday, with Pophouse announcing its agreement to acquire a 50 percent stake in the publishing and master music rights of Sia. The investment is made through Pophouse Fund I, the firm’s debut fund.

The fund closed in March 2025 at its hard-cap of €1 billion, and Pophouse raised more than €200 million more through dedicated co-investment vehicles. Sia has received nine Grammy nominations, and her songs have been streamed billions of times. Her catalog includes Unstoppable, Chandelier, Elastic Heart and Cheap Thrills.

Pophouse will help Sia develop new creative ventures and will work with her on projects in a range of formats to bring her music to new audiences. “Few artists have shaped modern pop as profoundly as Sia, whose songwriting and unmistakable voice have defined some of the most iconic records of the past few decades,” said Shahriar Shokofan, fund partner at Pophouse, in a statement. He said the firm shares Sia’s ambition “to support the continued growth of her catalogue and to unlock new audiences around the world.” The deal is Pophouse’s third artist partnership of 2026. In July, the firm bought a stake in the publishing and master music rights of Iron Maiden, along with the band’s name, image and likeness rights.

In March, it took a majority stake in Tina Turner’s music interests. Its portfolio also includes partnerships with Cyndi Lauper, KISS, Avicii and Swedish House Mafia. For a deep dive into the firm’s acquisition of Tina Turner’s catalog, check out Iris’s story exploring the complexities of preserving her legacy.

Carve-outs have been popular a deal type of late as companies look to divest non-core units due to macroeconomic uncertainty. This week, my colleague Rafael Canton looked into carve-outs in the consumer segment, where private equity is looking for value in companies’ lower-priority brands.

Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. Music is in the spotlight today, after the latest music rights deal by Pophouse. The Stockholm-based investment firm announced yesterday that it has agreed to acquire a 50 percent stake in the publishing and master music rights of Australian singer-songwriter Sia.

We also delve into our previous music rights coverage. In today’s They Said It, we look at corporate carve-outs in the consumer segment with commentary from Matt Leeds, founder and managing partner at Forward Consumer Partners. Show business Music is an “exceptionally active” market, Josh Love, a partner in law firm Reed Smith’s global entertainment and media industry group, told my colleague Iris Dorbian in August.

Given the increased competition for dealflow in the segment, Reed Smith sees the “net being cast much wider than ever before,” Love told Iris. “There are buyers pursuing iconic catalogs, others focused on lower mid-market opportunities, and others targeting small deals that wouldn’t have traded in the past. Everybody has a different investment thesis.” We saw another music deal yesterday, with Pophouse announcing its agreement to acquire a 50 percent stake in the publishing and master music rights of Sia. The investment is made through Pophouse Fund I, the firm’s debut fund.

The fund closed in March 2025 at its hard-cap of €1 billion, and Pophouse raised more than €200 million more through dedicated co-investment vehicles. Sia has received nine Grammy nominations, and her songs have been streamed billions of times. Her catalog includes Unstoppable, Chandelier, Elastic Heart and Cheap Thrills.

Pophouse will help Sia develop new creative ventures and will work with her on projects in a range of formats to bring her music to new audiences. “Few artists have shaped modern pop as profoundly as Sia, whose songwriting and unmistakable voice have defined some of the most iconic records of the past few decades,” said Shahriar Shokofan, fund partner at Pophouse, in a statement. He said the firm shares Sia’s ambition “to support the continued growth of her catalogue and to unlock new audiences around the world.” The deal is Pophouse’s third artist partnership of 2026. In July, the firm bought a stake in the publishing and master music rights of Iron Maiden, along with the band’s name, image and likeness rights.

In March, it took a majority stake in Tina Turner’s music interests. Its portfolio also includes partnerships with Cyndi Lauper, KISS, Avicii and Swedish House Mafia. For a deep dive into the firm’s acquisition of Tina Turner’s catalog, check out Iris’s story exploring the complexities of preserving her legacy.

Carve-outs have been popular a deal type of late as companies look to divest non-core units due to macroeconomic uncertainty. This week, my colleague Rafael Canton looked into carve-outs in the consumer segment, where private equity is looking for value in companies’ lower-priority brands.