Sarah Smith
OneRepublic’s Ryan Tedder Sells Majority Stake in Catalog to KKR
The catalog of nearly 500 songs written, recorded or produced by Tedder encompasses all OneRepublic songs — including hits “Apologize,” “Secrets” and “Counting Stars” — as well as Tedder’s work with artists like Beyoncé, U2, Paul McCartney, Adele, Stevie Wonder, Ed Sheeran, Lady Gaga, Cardi B and Jonas Brothers. Going forward, KKR will collaborate with Tedder to “expand upon the success and reach” of his and OneRepublic’s music, according to a press release. Formerly known as Kohlberg Kravis Roberts & Co., KKR has a long history of music industry investments. It teamed with Bertelsmann for the music rights joint venture BMG Rights Management in 2009, controlling 51% until Bertelsmann t...
