SESAC Bought

Because it is privately owned, SESAC is not subject to the same federal regulations as licensing rights organizations

“We anticipate a seamless transition in ownership with no disruption to our business activities as a result of this transaction,” SESAC Chairman/CEO John Josephson said. “Going forward, we believe our long-term partnership with Blackstone will position SESAC well for enhanced growth and continued delivery of best in class service to our affiliates, licensees and commercial partners.”