BMG Rights Management CEO Hartwig Masuch dipped into the EDM space with the acquisition of Talpa Music, a Dutch publishing firm that owns more than 37,000 songs by artist/songwriters including Afrojack, Tiësto, Fedde Le Grand, Fabian Lenssen and Laidback Luke. According to sources, Masuch agreed to pay about $40 million for Talpa, which was founded by music publisher Tony Berk and media entrepreneur John de Mol in 2005. Talpa last year generated a net publisher share of €2.5 million ($3.5 million) from its owned repertoire, according to sources.

Subscribe to billboard biz to continue reading this article and thousands more.

Billboard.biz subscribers get:
  • 24/7 coverage of every genre and sector of the business with over 150 exclusive charts
  • Bulletin: Breaking stories, chart info and analysis sent directly to your inbox every weekday
  • Billboard Magazine iPad Edition: An enhanced version of the magazine with video, photo galleries and playable charts
  • Archives: A rich history of Billboard.biz articles and exclusive charts

Join now or Log In

Questions? Comments? Let us know: @billboardbiz

Print

Tagged