Weerawong C&P represented Universal Music Group, the world leader in music-based entertainment, in its investment of 70% shareholding in a joint venture with an estimated value of THB 1.6 billion, with RS Music, one of Thailand’s most successful music and entertainment companies, holding a 30% shareholding. Since completion, the joint venture has acquired and managed the music catalogues of more than 10,000 songs and their related content dating from 1981-2022, such as music videos, lyrics, compositions, pictures, photographs, and other rights under license agreements. The catalog represents more than 960 popular and well-known artists. The deal closed on 10 November 2023.
The deal led by Siregran Sakuliampaiboon, Counsel included associates Warisa Monsawat and Tasha Tiensilakul.