APO

A fund backed by private-equity firm Blackstone Inc. BX 2.92% has purchased the rights to Justin Timberlake’s song catalog in the venture’s largest music-rights acquisition so far, fund executives said.Terms of the deal, which was done in partnership with music-investment company Hipgnosis SONG 0.54% Song Management Ltd., weren’t disclosed. People familiar with the matter said it is valued…

Roku Inc. ROKU 5.83% has teamed with private-equity firm Apollo Global Management Inc. APO 3.73% to bid for a minority stake in the pay-TV and streaming service Starz, which is known for series like “Outlander” and “Power,” according to people familiar with the situation. In November, movie and television production company Lions Gate Entertainment Corp.…