Sony BMG in the context of "BMG Rights Management"


Sony BMG in the context of "BMG Rights Management"

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⭐ Core Definition: Sony BMG

Sony BMG Music Entertainment was an American record company owned as a 50–50 joint venture between Sony Corporation of America and Bertelsmann. The venture's successor, the revived Sony Music, is wholly owned by Sony, following their buyout of the remaining 50% held by Bertelsmann. BMG was instead rebuilt as BMG Rights Management on the basis of the remaining 200 artists.

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👉 Sony BMG in the context of 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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