Bertelsmann

  1. BMG Rights Management Expands Into Sweden

    January 29, 2010 12:00 AM EST 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 ...

  2. BMG Rights Management Enters U.S.

    December 14, 2009 12:00 AM EST Germany's BMG Rights Management has started a U.S. operation with the opening of offices in New York, Los Angeles and Nashville. Laurent Hubert has been appointed COO, North America. He will work from the company's New York office. Huber ...

  3. Bertelsmann's Architect Reinhard Mohn Dies

    October 05, 2009 12:00 AM EDT Reinhard Mohn, the former chief executive of BMG parent company Bertelsmann, has died, aged 88. Mohn, who died on Saturday (Oct. 3) in Gütersloh, was the great-great-grandson of the German media group's founder Carl Bertelsmann. Although he r ...

  4. MP3 Pioneers Roll Out Recommendation, Multimedia System

    September 30, 2009 12:00 AM EDT The inventors of the MP3 format are offering an enhanced music recommendation and multimedia content system they claim will become just as universally accepted. With offices in Germany, Norway, China and India, Bach Technology's solution is c ...

  5. Bertelsmann Welcomes BMG EU Approval

    September 11, 2009 12:00 AM EDT Bertelsmann has welcomed the EU Commission's decision to approve the music rights joint venture between Bertelsmann and KKR, BMG Rights Management. "We pursue the joint goal of turning BMG into a global music services provider," sai ...

  6. EU clears Bertelsmann, KKR music rights JV

    September 09, 2009 12:00 AM EDT German media group Bertelsmann gained European Union regulatory approval on Wednesday for a joint music rights venture with private equity firm Kohlberg Kravis Roberts & Co. Bertelsmann, which will own 49% of the joint venture, will contribute ...

  7. Bertelsmann Forms New Rights Management JV

    July 08, 2009 12:00 AM EDT After weeks of negotiations, the German media group Bertelsmann in Gütersloh has signed a deal with the investment company Kohlberg Kravis Roberts & Co. L.P. (KKR) in London to invest in and grow the BMG Rights Management operation, which was ...

  8. Report: Bertelsmann Targets EMI Masters

    June 24, 2009 12:00 AM EDT German media group Bertelsmann wants to become a major player in the music business once again, according to a report in Hamburg's Manager Magazin. U.S. private equity firm KKR and several banks are said to be ready to act as co-investors for ...

  9. Bertelsmann Reports Q1 Loss

    May 12, 2009 12:00 AM EDT Bertelsmann, the international media group, has reported a decline in revenues and earnings as well as a €78 million ($106.3 million) loss in the first quarter of 2009. Revenues from continuing operations totaled €3.5 billion ($4.8 billion) for th ...

  10. GetMo Digital Platform Launches In South Africa

    August 14, 2008 12:00 AM EDT Emerging market online digital entertainment player GetMo has launched in South Africa. The service is currently being promoted via a free 34-show live music tour of schools and universities that runs through seven South African cities and feature ...

  11. Sony BMG Joint Venture Divide On The Cards

    July 11, 2008 12:00 AM EDT The split of the Sony BMG merger is virtually a done deal, Billboard.biz has learned. Well-placed sources say a Bertelsmann supervisory board meeting has been convened today to examine the sale of the German media giant's 50% stake, with a fi ...

  12. Smellie Moots Aussie Music Day

    June 20, 2008 12:00 AM EDT The Australian music industry suffers from "an appalling lack of leadership" and needs to work with government and the business sector to revive its fortunes, according to Aussie veteran record label executive Michael Smellie. Smellie� ...

  13. Impala Renews Appeal Against Sony BMG Merger OK

    June 16, 2008 12:00 AM EDT European independent music companies trade association Impala has launched another appeal with the European Commission contesting regulators' clearance of the Sony BMG merger. Brussels-based Impala said today it had lodged an appeal last Frid ...

  14. Report: Bertelsmann Wants $1.5bn for Sony BMG Stake

    June 12, 2008 12:00 AM EDT Bertelsmann is valuing its stake in Sony BMG at $1.2 billion to $1.5 billion as the German media group escalates its efforts to pull out of the record music joint venture with Sony Corp, the Financial Times reported on Thursday. According to the r ...

  15. Steinkamp Leaves Sony BMG

    June 03, 2008 12:00 AM EDT Maarten Steinkamp, president of Continental Europe for Sony BMG, is leaving the company, Billboard.biz can confirm. Although representatives for Sony BMG would not response to calls from Billboard, insiders confirmed speculation which has been cir ...

  16. Bertelsmann Wants Out Of Sony BMG JV, Reports Claim

    June 02, 2008 12:00 AM EDT The fate of the Sony BMG joint venture is on the cards, again. According to a report published today in the New York Times , German media group Bertelsmann is planning to intensify talks on pulling out of its recorded music JV with Japan's So ...

  17. Bertelsmann Execs Undecided On Sony BMG Fate

    March 18, 2008 12:00 AM EDT "There are no specific plans to sell our share in Sony BMG." That was the response given by Bertelsmann CFO Thomas Rabe who, together with his colleague Hartmuth Ostrowski, the German media giant's CEO, spoke with Billboard.biz toda ...

  18. Bertelsmann Shopping Sony BMG Stake, Reports Claim

    March 04, 2008 12:00 AM EST Bertelsmann has declined to comment on reports which claim the media giant is sounding out buyers for its stake in the Sony BMG joint venture. The German firm's chief financial officer Thomas Rabe has met with at least two private equity comp ...

  19. MBO at U.K. Distributor Pinnacle

    January 21, 2008 12:00 AM EST Senior management at leading U.K. independent distributor/exporter Windsong/Pinnacle has completed a buyout from its parent company Arvato Services, a subsidiary of German media giant Bertelsmann. The management buyout (MBO) of the company -- base ...

  20. Europe's Court Of Justice Hears Sony BMG Case

    November 07, 2007 12:00 AM EST The European Court of Justice has heard Sony and Bertelsmann's appeal against a ruling last year to annul the original 2004 Sony BMG merger. Representatives from Bertelsmann, Sony Corp and Europe's independent music community met yesterd ...

  21. European MP Questions Sony BMG Merger

    October 30, 2007 12:00 AM EDT A member of the European Parliament has effectively challenged the European Commission's second approval of the Sony BMG merger. In a written question on Tuesday, French socialist Guy Bono, member of the EP's Culture Committee and curren ...

  22. EU Approves Sony BMG Merger, Impala Demands Inquiry

    October 03, 2007 12:00 AM EDT The European Commission has cleared for the second time the merger of Sony and Bertelsmann's recorded music businesses to create Sony BMG. In a statement, the Commission -- the European Union's antitrust authority -- said, "the tran ...

  23. Arvato Mobile, EMI Broaden European License Deal

    August 15, 2007 12:00 AM EDT Arvato mobile has extended its agreement with EMI Music to make available full track videos to pan-European arvato mobile customers for the first time. The deal means Arvato-powered services at operators, ISPS and media companies can download EMI ...

  24. EC OKs Terra Firma, EMI Deal

    July 12, 2007 12:00 AM EDT The European Commission on Thursday approved private equity group Terra Firma Capital Partners' £2.4 billion ($4.8 billion) takeover bid for EMI Group. The clearance for the planned buyout comes despite attempts by many EMI shareholders to en ...

  25. EU Reopens Review Of Sony BMG Venture

    June 26, 2007 12:00 AM EDT The European Commission has reopened its antitrust investigation into the merger of the Sony and Bertelsmann music divisions, more than three months after it stopped the clock on its probe. The Commission - the European Union's antitrust auth ...

  26. Bertelsmann Takes Hit From Napster Lawsuits

    May 15, 2007 12:00 AM EDT Bertelsmann posted a first-quarter net loss as the German media giant felt the fallout over its support of the former Napster P2P service. The Guetersloh-based firm lost €117 million ($159 million) in first period, vs a profit of €60 million ($80 ...

  27. Source: EU To Approve Universal/BMG Deal This Month

    May 11, 2007 12:00 AM EDT Vivendi's Universal Music will receive approval from the European Commission to buy Bertelsmann's BMG Music Publishing, a source familiar with the matter said on Thursday. The approval will come this month after Vivendi offered to sell s ...

  28. EC Stops Sony BMG Probe, Awaits Data

    March 23, 2007 12:00 AM EDT The European Commission said today it has halted its antitrust investigation into the merger of Sony and Bertelsmann's recorded music divisions as it awaits key data from the two music giants on the European music market. In a press statement ...

  29. BMG Drags As Bertelsmann Posts Bumper Financials

    March 21, 2007 12:00 AM EDT German media giant Bertelsmann achieved its "most successful" financial result in 2006, despite a considerable decline in revenue and profit from its recorded music business. During a press-conference today in Berlin, Bertelsmann chairma ...

  30. Sources: BMG May Spin-Off Zomba Pub, 19 Songs

    March 15, 2007 12:00 AM EDT In a move to assuage the European Commission's merger concerns, a raft of assets could be offloaded as part of Universal Music's acquisition of Bertelsmann's BMG Music Publishing, industry sources have revealed. BMG Music Publishing ...

  31. EC Set To Confirm In-Depth Sony BMG Probe

    February 28, 2007 12:00 AM EST The European Commission is due to formally announce on Thursday a four-month in-depth investigation into the merger between Sony and Bertelsmann's music units, a European Union source has confirmed. The second stage investigation into Sony BM ...

  32. IMPALA To Meet With EC Commissioner

    February 20, 2007 12:00 AM EST IMPALA leaders plan to meet with the European Commissioner in charge of competition on Friday (Feb. 23), Billboard.biz has learned. They intend to discuss a proposed framework to resolve objections that the independent music trade group has -- or ...

  33. WMG-IMPALA Strike Pre-Merger Deal

    February 20, 2007 12:00 AM EST Warner Music Group struck a deal with European indie group IMPALA to overcome any objections the group may have to a WMG acquisition of EMI. Last year, IMPALA successfully challenged the European Commission's approval of the Sony and BMG Musi ...

  34. Impala Reacts To EC's Sony BMG Probe

    February 02, 2007 12:00 AM EST Impala has welcomed the European Commission's re-examination of Sony Corp and Bertelsmann's music merger as an opportunity to resolve the issue once and for all. The European independent labels trade association, by way of a statement is ...

  35. EC Starts Sony BMG Review

    February 01, 2007 12:00 AM EST The European Commission has opened its re-examination of the merger between Sony Corp and Bertelsmann's music units, seven months after an EU court threw out their approval. The Commission -- the EU's anti-trust authority -- said it woul ...

  36. Sources: Ostrowski To Be Named New Bertelsmann CEO

    January 16, 2007 12:00 AM EST Media conglomerate Bertelsmann is set to name Hartmut Ostrowski, the head of its printing and media services division, as the group's new chief executive on Friday, sources familiar with the matter said. "It's clear that Ostrowski w ...

  37. EC Delays Deadline On Universal's BMG Pub Bid

    January 11, 2007 12:00 AM EST The European Commission has put back by five weeks its deadline for ruling on Universal Music's €1.63 billion ($2.05 billion) bid to buy Bertelsmann's BMG Music Publishing. The delay --- pushing the decision to June 1 -- came after Viven ...

  38. Bertelsmann Opens In The Far East

    December 12, 2006 12:00 AM EST German media giant Bertelsmann is to establish its fourth international office, in the Chinese capital of Beijing. In a statement issued Dec. 8, Bertelsmann said the Beijing office would cultivate relations with government agencies and provide ove ...

  39. Sony BMG Drags Bertelsmann's Bottom Line

    November 08, 2006 12:00 AM EST The Sony BMG joint venture "continues to face challenges" in light of a "sharp decrease" in the volume of the recorded music market, parent company Bertelsmann reported today (Nov. 8). The Sony BMG joint venture "continues ...

  40. VU Awaits Dec. 8 Ruling On BMG Pub Buy

    November 06, 2006 12:00 AM EST EC sets provisional deadline. Vivendi's Universal Music Group should learn whether the European Commission approves its purchase of BMG Music Publishing by Dec. 8, the provisional deadline set by the EC to issue its ruling. UMG successfully b ...

  41. Vivendi Requests Commission Clear BMG Takeover

    November 03, 2006 12:00 AM EST If approved publishing unit will have 22% market share. Vivendi, the owner of Universal Music Publishing Group, Friday (Nov. 3) formally asked the Commission to clear its €1.63 billion ($2.1 billion) takeover of BMG Music Publishing. "We have ...

  42. Impala Casts Doubts Over Sony BMG Appeal

    October 06, 2006 12:00 AM EDT European independents lobby organization Impala defiantly claimed Friday (Oct. 6) that Sony Corp. and Bertelsmann's appeal against the court annulment of their Sony BMG music merger would not be accep European independents lobby organization ...

  43. Impala Casts Doubts Over Sony BMG Appeal

    October 06, 2006 12:00 AM EDT Trade body says appeal 'inadmissible.' European independents lobby organization Impala defiantly claimed Friday (Oct. 6) that Sony Corp. and Bertelsmann's appeal against the court annulment of their Sony BMG music merger would not b ...

  44. AIM Nabs GNAB License Pact

    September 21, 2006 12:00 AM EDT Britain's Assn. of Independent Music (AIM) today (Sept. 21) informed delegates at the Popkomm trade fair in Berlin that it has struck a groundbreaking collective licensing deal with Bertelsmann's serv Britain's Assn. of Independent ...

  45. Vivendi To Buy BMG Music Publishing

    September 05, 2006 12:00 AM EDT Vivendi will close a deal to buy BMG Music Publishing from German media giant Bertelsmann tomorrow afternoon in Paris for €1.63 billion ($2.05 billion), Billboard.biz has learned. Vivendi is th Vivendi will close a deal to buy BMG Music ...

  46. Ex-Sony Execs Advising BC Partners In BMG Pub Bid

    July 25, 2006 12:00 AM EDT Second phase of bidding began July 24. Former Sony executives Richard Rowe and Paul Russell are advising BC Partners in the equity group's bid for BMG Music Publishing, billboard.biz has learned. BC Partners, which is a leader in European bus ...

  47. EC To Slap Hefty Fines On Cartels

    June 28, 2006 12:00 AM EDT The European Commission on Wednesday (June 28) agreed new measures that pave the way for heavier fines for companies found guilty of operating price-fixing cartels or breaking other parts of EU compet The European Commission on Wednesday (June 28) ...

  48. EC Review To Focus On Open Markets

    June 15, 2006 12:00 AM EDT Competition policy to be examined later this year. Innovation and open markets will be at the heart of the European Commission’s review of competition policy later this year, EU antitrust tsar Neelie Kroes pledged at a conference hosted by the Com ...

  49. Bertelsmann To Sell BMG Music Publishing

    May 25, 2006 12:00 AM EDT Bertelsmann has decided to sell its BMG Music Publishing division to help prevent a minority shareholder from taking its shares public. Bertelsmann has decided to sell its BMG Music Publishing division to help prevent a minority shareholder from t ...

  50. Bertelsmann To Sell BMG Music Publishing

    May 25, 2006 12:00 AM EDT Bertelsmann has decided to sell its BMG Music Publishing division to help prevent a minority shareholder from taking its shares public. Bertelsmann has decided to sell its BMG Music Publishing division to help prevent a minority shareholder from t ...

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