BMG

  1. R&B and Hip-Hop Briefs: Deborah Cox and Primary Wave, 3 Winans to BMG, Legends of ATL

    February 21, 2014 10:06 AM EST -- Primary Wave Music has signed singer/songwriter Deborah Cox to a management deal. Best known for the R&B/pop hit “Nobody’s Supposed to Be Here,” Cox is also recording a new solo album slated for release in winter 2014/2015. The singer, whos ...

  2. Pandora Faces Setback As Judge Rules Blanket License Doesn't Include Songs of Publishers Leaving BMI

    December 18, 2013 10:22 PM EST Pandora was struck a blow on Wednesday when a rate court ruled that the Internet radio leader doesn’t have a blanket license that includes the songs of publishers who have withdrawn their digital rights. The BMI/Pandora rate court ruling means ...

  3. Thomas Hesse Leaving Bertelsmann At End of Year

    November 29, 2013 9:09 AM EST Thomas Hesse is leaving Bertelsmann as Billboard reported yesterday. The German media conglomerate, which owns BMG, one of the globe's largest music publishers, issued a statement confirming that its supervisory board met today and Hesse will ...

  4. Breaking: Thomas Hesse, Bertelsmann President of Corp Development, Stepping Down (Report)

    November 28, 2013 9:16 AM EST Thomas Hesse, Bertelsmann president of corporate development and new businesses is reportedly stepping down and has asked the company's supervisory board to release him from his contract, according to sources. A Bertelsmann spokesperson decli ...

  5. Rapino, Capshaw, Light, Geiger, Leiweke Talk Way More Revenue, Assuming Label-Like Functions at Touring Conference (Full Audio)

    November 15, 2013 3:44 PM EST (Scroll down to the bottom for full-audio of the panel.) What do the next 10 years hold for the music industry? According to a power player panel that closed out Billboard’s Touring Conference Thursday (Nov. 14) afternoon, way more revenue fro ...

  6. Ira Sallen Named COO of BMG/Primary Wave Label Services

    October 07, 2013 2:17 PM EDT Ira Sallen, a 20-year veteran of BMG who departed in 2009 for WTW Associates, has been named COO of the newly formed BMG / Primary Wave Label Services company, it was announced today in a statement. Sallen was appointed by Larry Mestel, Primary ...

  7. Pandora Prevails In ASCAP Rate Court Case

    September 18, 2013 2:49 AM EDT The New York ASCAP rate court has come down in favor of Pandora in a ruling that says that the performance right organization blanket license has to include all of its repertoire. That means that the all the publishers who have pulled their ...

  8. Bertelsmann Registers Record First-Half Operating Profit

    August 30, 2013 4:27 AM EDT German media giant Bertelsmann on Friday reported its highest profit from operations for a first half of the year in its long history, with operating profit jumping $50 million to $1.02 billion. The company also posted net profit of $557 million ...

  9. BMG Signs Backstreet Boys for Publishing, Recordings

    July 19, 2013 6:25 AM EDT The Backstreet Boys celebrate their 20th anniversary this year, and to mark the milestone, will release their eighth album, "In A World Like This," through BMG on July 30. The group was previously signed to Jive Records. The title trac ...

  10. BMG CEO Hartwig Masuch on the Rolling Stones Deal (Q&A)

    June 26, 2013 11:12 AM EDT BMG  today announced  that the Germany-based rights management company will represent the Rolling Stones' post-1983 catalog and and will also track payments from the duo’s previous copyrights owned by ABKCO (1963-1971) and EMI Music Publis ...

  11. BMG To Represent Rolling Stones' Mick Jagger and Keith Richards' Post-1983 Publishing

    June 26, 2013 9:00 AM EDT *This story has been correction appended.   BMG today announced the rights management company will represent the Rolling Stones' Mick Jagger and Keith Richards' post-1983 music publishing catalog. ABKCO, however, still owns the 1963- ...

  12. Publishers to Get Bigger Payday From Apple Thanks to Direct Licensing Deals

    June 05, 2013 6:09 PM EDT In cutting a deal with the Warner Music Group, sources say Apple caved on publishing and has agreed to pay at least 10 percent of advertising revenue to license the songs, sources say. While the WMG deal is for both master rights and publishin ...

  13. PIAS Partners With BMG Over Sanctuary/Mute Catalog; European Indie To Open New York Office

    May 31, 2013 3:51 PM EDT European independent PIAS has partnered with BMG to provide digital and physical retail marketing, sales, manufacturing, and distribution services for its recently-acquired Sanctuary and Mute catalogs. The deal, which covers the world, excluding ...

  14. Bertelsmann Reveals Record Q1 Profit, Revenue Dips

    May 16, 2013 5:50 AM EDT European media giant Bertelsmann on Thursday posted a record first-quarter profit of $267 million (€207 million). That marked a 43% jump over the year-ago period thanks to earnings from newly-acquired music rights group BMG and a solid performan ...

  15. Big Deal Signs Up With BMG

    March 22, 2013 2:14 PM EDT Big Deal Music brings together veteran industry executives in a new music publishing firm, which has just cut an administration deal with BMG for North America and parts of Europe. The company brings under one roof Chrysalis Music colleagues Ken ...

  16. Bertelsmann To Buy-Out KKR's Stake In BMG: Reports

    February 20, 2013 8:31 AM EST German media giant Bertelsmann is in “advanced talks” to buy out global investment firm Kohlberg Kravis Roberts’ (KKR) majority stake in their JV music company, BMG Rights Management, the NY Post reports. A deal is apparently “imminent,” accordin ...

  17. BMG Beats Warner/Chappell to 'New Wave'-Heavy EMI Publishing Divestitures for $90 Million

    December 20, 2012 5:46 PM EST BMG successfully outbid Warner/Chappell to win control of nearly 30,000 songs divested by EMI, including popular UK '80s hits from acts like Tears for Fears and Culture Club. The catalogs -- which were sold for around $90 million, according t ...

  18. Morning Fix: Artists Chastise Pandora; Nachsin Leaves Roadrunner; Nine Bidding for Parlophone

    November 15, 2012 8:15 AM EST Head HERE to subscribe to Billboard's Morning Fix email and other free music-business newsletters RIHANNA, KATY PERRY, BILLY JOEL, 122 OTHER ARTISTS TELL PANDORA: 'THAT'S NOT HOW PARTNERS WORK TOGETHER': The battle over webcast ...

  19. Morning Fix: Hurricane Sandy Benefit Concert on NBC; Taylor Swift: Week Two; Sony's Earnings

    November 01, 2012 9:00 AM EDT Head HERE to subscribe to Billboard's Morning Fix and our other free music-business newsletters SPRINGSTEEN, BON JOVI, BILLY JOEL TO PLAY NBC SANDY BENEFIT CONCERT: NBC is doing a benefit concert for victims of Hurricane Sandy featuring some ...

  20. Gerry Kearby, Co-Founder of Liquid Audio, Remembered by Dick Wingate

    August 14, 2012 5:09 PM EDT Gerry Kearby -- co-founder of Liquid Audio, drummer, equipment designer for the Grateful Dead and others, and a man who turned down an offer from Steve Jobs to buy his company -- died last week when his truck crashed into a tree in a rural area so ...

  21. Universal Music In Talks With EU on Adding Global Rights To Remedies Package For EMI Deal

    August 10, 2012 12:40 PM EDT After market testing Universal Music Group's remedies package for its proposed acquisition of EMI, European Union regulators and UMG are in discussions to add global rights divestitures to the package, according to sources. Currently, the UMG ...

  22. Exclusive: Naive's Patrick Zelnik Talks Universal-EMI Merger, Plan to Buy Virgin With Branson, More

    July 19, 2012 1:00 PM EDT Patrick Zelnik, founder and CEO of French independent label and distributor Naïve and co-President (for now) of Impala, the independent label association, has made international headlines over the last few days: On Monday a surprising op-ed he wro ...

  23. Updated: Sony-Led Group Closes Purchase of EMI Music Publishing

    June 29, 2012 10:54 AM EDT The Sony Corp. of America led investor consortium completed its acquisition of EMI Music Publishing today, just hours after the Federal Trade Commission issued a statement saying it closed its antitrust investigation of the $2.2 billion deal -- wh ...

  24. Analysis: Edgar Bronfman's Big Statements About Universal/EMI Deal Are Business As Usual -- But Much More Public

    February 02, 2012 4:37 PM EST While the mainstream media is getting worked up over Edgar Bronfman's comments on how dangerous a combined Universal/EMI recorded-music operation will be - not to mention his proclamation that the Warner Music Group will fight it "tooth ...

  25. Billboard Power 100: Hartwig Masuch

    January 26, 2012 8:00 PM EST No. 44 Hartwig Masuch CEO BMG Rights Management Twitter: @bmgrm The Rights Stuff... Private equity powerhouse Kohlberg Kravis & Roberts invested in Bertelsmann's BMG Rights Management division in 2009 to form a publishing joint venture th ...

  26. Thomas Hesse Officially Leaving Sony Music For Bertelsmann

    November 30, 2011 7:56 AM EST As Billboard first reported yesterday, the Supervisory Board of Bertelsmann AG has officially appointed Thomas Hesse to the international media company's Executive Board where his responsibilities will include managing the corporation's ...

  27. Epic Records to Name Tricky Stewart Head of A&R

    November 29, 2011 9:13 PM EST Epic Records is expected to name Tricky Stewart head of A&R and is nearing a deal to name ex-LaFace Records executive Mark Shimmel to a senior executive post at the Sony Music label, according to sources familiar with the situation. In another ...

  28. John Legend Headlining Australia's 'End of Polio Concert'

    October 28, 2011 3:11 PM EDT Superstar American soul singer John Legend is heading Down Under to show his support for a global campaign that hopes to help wipe-out polio for good. Legend and chart-topping Australian hip hoppers Bliss N Eso will headline this Friday's &qu ...

  29. Bertlesmann Appoints Thomas Rabe New Chairman & CEO; Hartmut Ostrowski Stepping Down

    October 10, 2011 12:21 PM EDT The Bertelsmann AG Supervisory Board today (Oct. 10) appointed Thomas Rabe 46, currently Chief Financial Officer of the Group, its future Chairman & CEO. He will succeed the current Chairman & CEO Hartmut Ostrowski, 53, on January 1, 2012. ...

  30. EMI: Who's Bidding? Nearly Everyone Who Bid for Warner Music Group

    July 28, 2011 6:00 PM EDT With the deadline for first-round bids in the EMI auction looming this weekend, sources say that many of the suitors who bid on Warner Music Group have also bid on the British major. While nearly a dozen suitors made bids for WMG, in an auction wo ...

  31. EMI: Who's Lining up to Buy It?

    June 22, 2011 4:01 PM EDT While EMI announced earlier this week that it is exploring strategic alternatives that will see the company either sold, go public or be recapitalized, the betting is that the major will be put up on the auction block as the first option. Citigrou ...

  32. L.A. Reid to Run Restructured Epic Records

    June 15, 2011 8:05 PM EDT In what is perhaps the music industry's worst kept secret, the Hollywood Reporter has learned definitively that X Factor judge and former Island Def Jam chairman Antonio "L.A." Reid is headed to Sony Music. He will take on the chair ...

  33. musiXmatch Lyrics Provider Lands $3.7 Million Funding

    May 09, 2011 1:20 PM EDT Lyrics provider musiXmatch has closed a $3.7 million series of first-round funding led by Francesco Micheli Associates, the same investor that put €400,000 (about $572,000) of seed funding into musiXmatch last year. The musiXmatch service provides ...

  34. Warner Music/Access Industries Deal Is A Win For Both -- But Will Gores Try to Upend It?

    May 06, 2011 7:48 PM EDT Access Industries' proposed $3.3 billion acquisition of the Warner Music Group (WMG) is turning out to be a "best of both worlds" kind of deal for all involved. For one, the private equity owners of WMG will get another payday on to ...

  35. Sony Music Passes Universal in U.S. Market Share for the First Time Since 2005

    April 28, 2011 5:29 PM EDT Sony Music this week passed the Universal Music Group in year-to-date overall U.S. market share for the first time since 2005, the year it was the No. 1 distributor thanks to its then-just-completed merger with BMG. As of the week ending April 24, ...

  36. WMG Board Provides Eliminated Bidders With Company Data, Sources Say

    April 20, 2011 8:05 AM EDT The Warner Music Group (WMG) board of directors is not only willing to consider more bidders in the auction to sell the company, as reported yesterday by Billboard.biz, but has in fact left some of the supposedly eliminated bidders with access to ...

  37. Three Suitors Left In Running For Warner Music Group Auction, But Who Are They?

    April 13, 2011 6:56 PM EDT The Warner Music Group (WMG) is heading into a third round in the auction to sell the company, with three suitors still left in the running, sources tell Billboard. As first reported by the Wall Street Journal, the WMG board of directors has decid ...

  38. Oaktree, Primary Wave Reportedly Submit Bid For Warner Music Publishing

    April 09, 2011 1:55 PM EDT As bidding for Warner Music Group draws to a close , Oaktree Capital Management and publishing company Primary Wave have submitted a joint bid for Warner Music's publishing arm valued at around $1.5 billion, the New York Post reported late Fr ...

  39. Bertelsmann on Mergers and Acquisitions Path In 2011

    March 29, 2011 8:01 AM EDT Europe's biggest media group Bertelsmann BERT.UL said it had the financial muscle to look at acquisitions again after reducing its debt, and would look at Warner Music Group (WMG.N) and possibly EMI. Bertelsmann, which launched its biggest-ev ...

  40. BMG Back In The Auction To Buy Warner Music Group, Sources Say

    March 22, 2011 7:50 AM EDT BMG, the Bertelsmann/Kohlberg Kravis & Roberts joint venture, got back onboard for the auction to buy the Warner Music Group, as first reported by CNBC , by bidding on the entire company this time around, sources say. Earlier in the first roun ...

  41. WMG Businesses Receive More Than 10 Bids in Auction

    February 28, 2011 7:00 PM EST The Warner Music Group has received more than 10 bids in the first round of the auction being conducted on its behalf by Goldman Bros., according to Bloomberg News , who quoted anonymous sources. Sony ATV and BMG, the Berteslmann/KKR joint venture ...

  42. Publishing Briefs: BMG's Acquisition of Chrysalis, Peermusic's Stake In Vicky McGehee Catalog and More

    February 08, 2011 4:00 PM EST -- BMG's acquisition of Chrysalis closed on Feb. 3, which brings into its catalog songs by David Bowie, Cee Lo Green and Blondie. In November, BMG agreed to acquire Chrysalis for 107.4 million pounds ($168.6 million). The deal continues BMG&# ...

  43. Now That Citigroup Has Taken Over EMI, What's Next?

    February 01, 2011 4:26 PM EST Citigroup's earlier-than-expected takeover of EMI Group and its recapitalization of the company's balance sheet effectively presses the fast-forward button on a resolution of the major label group's fate. The bank had been widely ex ...

  44. EMI And Warner Music: Destined To Be Together?

    January 28, 2011 10:05 AM EST No matter what happens to EMI or Warner Music Group (WMG), it always seems that speculation about their respective fates is intertwined with that of the other. That was true during the protracted will-they-or-won't-they merger speculation tha ...

  45. Publishing Briefs: Kobalt, Harry Fox, Cooking Vinyl, Imagem, Fig, Eastbeach, BMG, Notable, Jimmy Webb, Primary Wave

    January 24, 2011 12:00 AM EST Kobalt Grows Its Business In a move to expand its business platform beyond music publishing, the Kobalt Music Group has added new capabilities, including the administration and marketing of master recordings, synch rights and neighboring rights, a ...

  46. Michael Jackson, Susan Boyle Boost Sony Results

    May 13, 2010 12:00 AM EDT Sony Corp's Music division - including Sony Music Entertainment, Sony Music Entertainment Japan (SMEJ) and the 50% stake in Sony/ATV - reported a 35% year-on-year increase in sales to 522.6 billion yen ($5.6 billion) in the fiscal year ended ...

  47. Merge Record Labels and ISPs?

    January 08, 2010 12:00 AM EST What if the majors merged with ISPs? It is a question posted at the MIDEM blog by French music industry blogger Hugo Amsellem. Easy answer: disaster. For starters, there is no single music company that can merge with a single ISP. Each country has ...

  48. Business Matters: Keith Urban, UMG, Stock Watch and More

    January 08, 2010 12:00 AM EST Business Matters is a daily column that offers insight, analysis and opinion on the day's news. -- In his acceptance speech at the Peoples' Choice Awards on Wednesday night (watch in on YouTube ), Keith Urban thanks his fans and indicate ...

  49. Sony BMG Ups Levin

    October 08, 2008 12:00 AM EDT David Levin has been named senior VP and business manager of sales at Sony BMG Music Entertainment, overseeing the company digital sales and advertising supported channels. Levin is based in New York and reports to the company's executive VP ...

  50. Impala Attacks EC's Sony BMG Ruling

    September 16, 2008 12:00 AM EDT Pan-European independent labels body Impala has blasted the European Commission's decision to allow Sony Corporation's acquisition of the Sony BMG joint venture as "incredible." In a statement, Impala railed against the ruling. ...

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