Over the next three years, BMG Rights Management will be receiving equity injections of €200 million ($254 million) from each of its shareholders - investment group KKR and media group Bertelsmann - to be used for further acquisitions.

It means the company has at least €400 million ($508 million) to spend - and perhaps even more than that. In addition, the shareholders plan to provide BMG Rights Management with debt capital of €400 million ($508 million).

KKR has 51% and Bertelsmann has 49% of BMG Rights Management. The company's recent acquisitions include Cross Town Songs, Cherry Lane and U.K. music publisher Stage Three Music.

The investment details were revealed today (Aug. 31) at a Bertelsmann press conference held in Gütersloh, Germany.

"The company has ample capital resources and will continue to play an active role in the consolidation of the music market," said Bertelsmann CFO Dr. Thomas Rabe.

When asked by Billboard.biz, Rabe confirmed that further transactions and acquisitions were in the pipeline for the second half of the year, although he declined to provide any details.

"Bertelsmann will continue to support BMG's expansion in the future," said chairman & CEO Hartmut Ostrowski.

Rabe rejected speculation suggesting that Bertelsmann might be scaling back its 49% stake.

"BMG is performing even more favorably than we had expected," he said. "I can truly say that we are highly satisfied with the chart performances of our artists and songwriters, especially in the United States."

He told Billboard.biz that BMG's sales would be increasing from €70 million ($89.1 million) last year to €100 million ($127.3 million) in 2010. "BMG has a very healthy gross margin of net publisher's share of more than 30%," he added.

In response to rumors that BMG Rights Management is interested in EMI Music Publishing, Rabe told Billboard.biz: "If EMI enters the market in whatever form, we will consider such an option. BMG is currently in an expansionary phase and has plentiful equity resources. For this reason, it is always a potential buyer of businesses."

The international media group Bertelsmann increased the profit during the first six months of the year 2010. The operating EBIT from continued operations increase to €755 million ($960.3 million) for the period from January to June, compared to €497 million ($632.4 million) in the first six months of 2009.

The group improved recorded a net profit of €246 million ($313 million) compared to a loss of €333 million ($423.7 million) in the same period last year.