My friend and podcast co-host Tamera Bennett has posted an article at her blog about the valuation of the Rodgers & Hammerstein music publishing catalog. Apparently, the catalog was worth around $200 Million when it was recently purchased by a Dutch pension fund. This valuation is estimated by experts who suggest that it's probably around 14 times the catalog's annual earnings.
Check out Tamera's blog piece, which includes several links to other news stories. Music Publishing A Good Investment « Current Trends in Copyright, Trademark & Entertainment Law.