BMG Finland managing director Niko Nordström and A&R manager Asko Kallonen will leave the company to set up their own record label.

BMG Finland managing director Niko Nordström and A&R manager Asko Kallonen will leave the company to set up their own record label.

The executive pair will depart once the Sony BMG merger is completed in Finland. "We will not be a part of Sony BMG, but until then we are here to take care of our responsibilities with the company. We have agreed [on] things well in advance with BMG management," Nordström says.

Nordström took over as managing director at BMG Finland three years ago. Prior to that, he was GM of the local BMG Publishing affiliate, where he helped build the international careers of Bomfunk MCs and Darude. He joined BMG in 1998 when the company bought independent Bluebird Records, where he was managing director.

Kallonen joined BMG Finland as A&R manager in 1993, and has worked with metal group HIM, among others. He is also recognized in Finland as a judge of the local version of TV talent quest “Pop Idol.”

"On a personal level, we want to have a go at something new, and become entrepreneurs in the music business," Nordström says. "We'll make a good team together, and we have a lot of experience ... quite a bit of Finnish music has gone through us."

Further details of the label have yet to be revealed.

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