Buyout saves music publisher Boosey's independence
Music publishers Boosey and Hawkes, home to the estates of Stravinsky, Britten, Strauss, Prokofiev and Rachmaninov, is to be bought by the venture capitalists HgCapital - meaning it will remain independent, at least for now.
Boosey's independence secures the futures of the living composers on its books, who include James MacMillan, Mark-Anthony Turnage, John Adams and Harrison Birtwistle. MacMillan said yesterday: "It seems to be a very good move - an indication of security. There's a sense of great relief among composers that I have spoken to - not just Boosey composers - about what has happened."