KKR & Co. Inc. and BMG have acquired the songwriting catalog of John Legend.
The deal, disclosed in a regulatory filing, closed last fall and illustrates how red-hot the market for music investments has become. Mr. Legend, at 47 years old—still an active songwriter, recording artist and performer—is younger and earlier in his career than many of his peers who have been inking deals to help set up their legacies and cash in on their life’s work.
