BMG Rights Management has reached an agreement to acquire the music publishing rights of Scandinavian Songs AB as well as the master rights of Hawk Records.
Following the deal, BMG Rights Management also decided to establish an office in Sweden to administer its growing writer base in Scandinavia. Former Scandinavian Songs manager Niclass Björlund has been appointed GM at BMG Rights Management (Scandinavia) AB.
Scandinavian Songs AB is a leading independent music publishing company based in Stockholm. BMG Rights Management acquires the rights to over 11,000 songs including Swedish hits spanning several decades. The deal also includes the rights to more than 90 master recordings from Swedish artists released through Hawk Records, the record label of Scandinavian Songs AB.
The transaction also includes the administration business for Scandinavian Songs AB and a large number of sub-publishing agreements.
The former Warner Chappell executive Hans Desmond, who owned Scandinavian Songs with partner Sanji Tandan, will work on a consultancy basis to sign and work with songwriters throughout the Scandinavian territory on behalf of BMG Rights Management. Susanne Ericsson, who worked at Scandinavian Songs for more than seven years, will also have a role in the new BMG operation.
The deal includes the Scandinavian Songs copyrights acquired until 2005. The activities of recent years, including the present songwriter agreements and the publishing catalog Reactive Songs International AB, will remain in ownership of Desmond and Tandan, and will continue under the name Scandinavian Songs, with Peo Nylén working as managing director.
"This is of course a great opportunity to be involved in the birth of a new great company with great people, and to have the opportunity to continue working with Hans, Susanne and all contacts we have built during the years - also those who will remain with Scandinavian Songs", said Niclass in a statement.
"The acquisition of Scandinavian Songs and the opening of our Stockholm office marks yet another significant step in our internationalization strategy," said Hartwig Masuch, CEO of BMG Rights Management, in a statement. "I am more than happy to have Hans, Niclass and Susanne on board to work closely with artists and writers on local ground - all have invaluable experience in the publishing industry and a very high reputation in the Scandinavian music landscape."
BMG Rights Management, founded in late 2008, focuses on management of music rights. It now represents the rights to more than 75,000 songs including compositions recorded by Kelly Clarkson, Christina Aguilera, Britney Spears, Céline Dion, Fleetwood Mac, Roy Orbison, Grace Jones and La Roux.
Prominent master rights include recordings by Kylie Minogue, Rick Astley, Sweet, the Stranglers, Scorpions, Nena, Alison Moyet and Thompson Twins. Songwriters whose publishing rights are represented by BMG include Jim Beanz, Toby Gad, Trevor Horn, Desmond Child and Gregg Alexander.
BMG Rights Management is a joint venture between international media company Bertelsmann and the global private equity firm KKR.