The Kingdom of Saudi Arabia bought 12,337,569 shares in Live Nation Entertainment, according to an SEC filing.
This comes less than two years after Ma was promoted to CEO of Warner Music China.
The sum will be divided up amongst three COVID-19 relief funds, including AIM's, Musician Unions', and Help Musicians'.
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The label is now worth over $300m, with Swift's masters accounting for 35% of the company's market share.
"Vikram’s experience as a global industry leader made him the ideal candidate".
David Cobb, Cece Winans and Ben Vaughn will also serve on Studio Bank advisory board.
It's estimated that the music industry will reach groundbreaking revenue figures within the next 4 years.
Investments came in from Warner Music executive, amongst others. On-air personalities include Snoop Dogg, Lil’ Wayne and Ice Cube.