BMG Rights Management in the context of "Bertelsmann Music Group"


BMG Rights Management in the context of "Bertelsmann Music Group"

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⭐ Core Definition: BMG Rights Management

BMG Rights Management GmbH (also known simply as BMG) is an international music company based in Berlin, Germany. It combines the activities of a music publisher and a record label.

BMG was originally founded in 1985 and relaunched in October 2008 after Bertelsmann sold its stake in Sony BMG to Sony. From 2009 to 2013, the investment firm KKR held 51% of the company, which became one of the world's largest music publishers during that time. BMG is 100% owned by Bertelsmann and one of the group's eight business divisions.

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👉 BMG Rights Management in the context of Bertelsmann Music Group

Bertelsmann Music Group (BMG) was a division of a German media company Bertelsmann before its relaunch and completion of sale of the majority of its assets to Sony Corporation of America on 1 October 2008.

Although it was established in 1987, the music company was formed as RCA/Ariola International in 1985 as a joint venture to combine the music label activities of RCA's RCA Records division and Bertelsmann's Ariola Records and its associated labels which include Arista Records. It consisted of the BMG Music Publishing company, the world's third largest music publisher and the world's largest independent music publisher and (since August 2004) the 50% share of the joint venture with Sony Music, which established the German American Sony BMG from 2004 to 2008.

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