Chrysalis Group,UK music publisher is being sold for £107.4m.
German rival Bertelsmann Media Group (BMG) and private equity firm Kohlberg Kravis Roberts (KKR) bought the Chrysalis group.
The publishing rights to songs by artists including David Bowie and Michael Jackson had been control by the London-based Chrysalis group.
Chrysalis, founded in 1969, used to own a record company of the same name before it was sold to EMI in 1991.
Chris Wright, Chrysalis' founder, said the deal marked "the end of one era and the start of another" for the firm.
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