Music Business Worldwide reports: “A well-funded new player just entered the music rights acquisition space. Music industry veterans Hank Forsyth and Dan McCarroll are teaming up with Carlyle Global Credit to launch a venture called Litmus Music. New York-based Litmus says that it will focus on acquiring and managing both publishing and recorded music rights, with Carlyle Global Credit committing an initial $500 million to do so.”
![](https://digitalmediawire.com/wp-content/uploads/2016/04/17123251389_9f5db13fec_o-1021x580.jpg)