QUICK TAKES - April 22, 2009
Imagem Music Group, a Dutch music-publishing investment fund, has agreed to purchase the musical-theater catalog of Broadway giants Richard Rodgers and Oscar Hammerstein II.
No purchase price was announced, but the Wall Street Journal, citing unidentified sources, said the sale could bring in as much as $200 million.
The deal gives Imagem licensing rights not only to such Rodgers and Hammerstein classics as “South Pacific,” “Oklahoma!” and “The Sound of Music,” but also to the works of more than 200 other writers, including Irving Berlin.
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