INDUSTRYWATCH - Valuing a music-publishing house, a cash flow-based exercise, is one of the trickier propositions in determining the worth of a business that changes hands. The price tag for the recent sale of Acuff-Rose Music Publishing, with a library of 55,000 songs and rights to oft-heard standards by such icons as Hank Williams and Roy Orbison, was USD 157 million. But experts note that ...
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