Online education platform WizIQ has raised $4 million in Series B investment. The funding is led by Kaizen, an Indian education-focused private equity fund along with German-based global media business Bertelsmann.

Private equity firm Kohlberg Kravis Roberts & Co. and German media giant Bertelsmann will pay 107.4 million pounds ($168.8 million) for U.K.-based music publisher Chrysalis, Reuters reported. At 160 pence per share, the deal represents a 45.5% premium over the company’s closing price on October 29, the day before acquisition talks were announced.

NEW YORK (Reuters) – A private equity based music joint venture formed by Kohlberg Kravis Roberts & Co and Bertelsmann is to buy music publisher Stage Three Music, adding the rights to songs such as Aerosmith’s “Walk this Way”, the companies said on Thursday. BMG Rights Management, was formed a year ago between private equity [...]

FRANKFURT (Reuters) – BMG Rights Management, the music venture owned by Bertelsmann and KKR, is looking at a number of potential investment projects backed by bank credit of up to 600 million euros ($852.2 million), a German paper reported. BMG was looking at around 38 prospects to invest in and had received loan promises from [...]

HONG KONG (Reuters) – The new media arm of Phoenix Satellite Television (2008.HK), one of the few independent broadcasters in China, said on Monday it has received a $25 million investment from a group, including units of Intel (INTC.O) and Bertelsmann. Phoenix New Media, which was founded in 2005, will receive the funds from Intel [...]

BRUSSELS (Reuters) – German media group Bertelsmann gained European Union regulatory approval on Wednesday for a joint music rights venture with private equity firm Kohlberg Kravis Roberts & Co. Bertelsmann, which will own 49 percent of the joint venture, will contribute its BMG Rights Management music rights unit, whose works include those of Kylie Minogue [...]

NEW YORK (Reuters) – Media group Bertelsmann [BERT.UL] and private equity firm Kohlberg Kravis Roberts & Co are to form a music rights management joint venture, KKR said on Tuesday.

The deal, expected to be announced Wednesday, will create a venture 51 percent owned by KKR and 49 percent owned by Bertelsmann, KKR said.

Such a deal could be a more efficient way of managing rights under one roof, and would mark a more aggressive push into the music business for the privately held German media giant, which has largely exited the industry.

LONDON (Reuters) – The auction for a 49 percent stake in German academic publisher Springer Science and Business Media has narrowed to four private equity groups, three people familiar with the matter said on Wednesday. Apax Partners, TPG Capital, Swedish private equity firm EQT (EQT.N) and a consortium of Carlyle Group and Providence are expected [...]