Warner Music Group IPO To Raise $750 Million To $1 Billion Within 30-60 Days.

Warner Music Group is expected to file for an initial public offering this week or next, sources calim/ The New York-based company is backed by a group of investors that includes the company’s chief executive, Edgar Bronfman Jr., as well as private equity firms Thomas H. Lee Partners, Bain Capital and Providence Equity. The offering is predicted to raise from $750 million to $1 billion and could happen in 30-60 days, pending regulatory approval, according to The New York Post.

Hypebot:  OK they have a great catalgue but $1 Billion ?