Economy of Germany

  1. 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 ...

  2. Debra Rathwell

    November 28, 2012 3:40 PM EST Senior VP, AEG Live 800-Plus Shows Debra Rathwell's more than 30 years of dedication to her craft has made her one of the most respected and admired executives in the live music industry. As senior VP of AEG Live, Rathwell heads up the East C ...

  3. AEG Live, Royal Parks Ink Summer Concert Deal in London's Hyde Park

    November 05, 2012 5:12 PM EST AEG Live and the Royal Parks have announced a five-year deal to produce six summer concerts each year at London's Hyde Park, beginning in 2013. Further details about the events are forthcoming. Register today for the Billboard Touring Confere ...

  4. Bertelsmann Completes Legal Change to Open up Investor Option

    August 21, 2012 7:56 AM EDT COLOGNE, Germany -- Bertelsmann has completed a legal change that could have a major impact on the German media giant, which controls European broadcaster RTL Group and production powerhouse FremantleMedia, maker of "American Idol" and & ...

  5. Bertelsmann Names Judith Hartmann New CFO

    July 10, 2012 1:46 PM EDT Gütersloh -- Judith Hartmann (43) is the new Chief Financial Officer at Bertelsmann. That was annouced today by Bertelsmann in Gütersloh. Hartmann is scheduled to succeed Thomas Rabe as Chief Financial Officer before the year is out, a position he ...

  6. Bertelsmann Names Marcel Reichart Executive VP of Digital Development

    June 04, 2012 7:00 AM EDT COLOGNE, Germany - Media giant Bertelsmann has appointed Marcel Reichart to the newly-created position of executive VP in charge of digital development and partnerships. Reichart joins Bertelsmann from German publishing group Hubert Burda, where h ...

  7. BMG Rights Management Purchases R2M Music Lux SARL Catalog

    March 02, 2012 7:00 AM EST BERLIN -- BMG Rights Management (BMG) announced it has purchased the catalogue of R2M Music Lux S.a.r.l with 12,000 copyrights including 35 Top 10 hits and many top songs the 1960s-1990's. R2M was founded by former Sony/ATV Music Publishing e ...

  8. Billboard Power 100: Randy Phillips

    January 26, 2012 10:00 AM EST No. 15 Randy Phillips President/CEO AEG Live Twitter: @aeglive "Look, There's Randy!" As coverage of Michael Jackson's 2009 death deluged TVs across the world, most were thinking, "I can't believe Jackson died." ...

  9. Thomas Hesse, Ex-Sony Music Exec, Joins RTL Group Board

    December 13, 2011 9:27 AM EST COLOGNE, Germany - More executive shuffling on the board of directors of European broadcasting giant RTL Group, as Thomas Hesse, formerly of Sony Music, takes the spot on RTL's board left vacant by Hartmut Ostrowski, the outgoing CEO of RTL p ...

  10. Compass Group North America Purchases 49% Interest in AEG Facilities

    November 23, 2011 4:10 PM EST Compass Group North America announced today that they have purchased a 49% interest in AEG Facilities, a subsidiary of AEG that operates venues across five continents. The company said in a statement that "This marks a further step forward in ...

  11. BMG Rights Management to Purchase Bug Music

    September 12, 2011 8:14 AM EDT BMG Rights Management is buying U.S. music publisher Bug Music, Inc., which was Founded in 1975 and is headquartered in Los Angeles. Financial terms of the transaction, which is expected to close by October, were not disclosed, although sources te ...

  12. Cody Lauzier: 30 Under 30

    July 01, 2011 10:00 AM EDT Cody Lauzier Touring Assistant, Concerts West/AEG Live Fredrick "Cody" Lauzier, 23, is a touring assistant for Concerts West/AEG Live, but a more apt title would be right-hand man for Doug Clouse, senior VP of touring in the company' ...

  13. Rick Mueller Leaving Live Nation, Heading To AEG

    March 01, 2011 3:53 PM EST Rick Mueller will exit his post as president of of Live Nation California, Billboard.biz has learned. "Rick informed me yesterday that he had made the decision to leave the company at the end of his employment agreement in late July, and as s ...

  14. Will.i.am, Irving Azoff Entertain And Intrigue At Grammy Week Lawyers Event

    February 11, 2011 9:58 PM EST Lawyers gathering Friday at the 13th annual Recording Academy Entertainment Law Initiative at the Beverly Hills Hotel got a taste of what Will.i.am of the Black Eyed Peas and Live Nation head Irving Azoff might be doing if they changed careers. (P ...

  15. Report: AEG To Rival Ticketmaster With New Ticketing Joint Venture

    February 02, 2011 7:55 PM EST AEG has partnered with start-up technology company Outbox Technology Inc. to sell tickets to events at 105 arenas and theaters, the Wall Street Journal reported Wednesday. The move would directly rival live entertainment giant Live Nation Entertai ...

  16. Proposed L.A. Stadium to Be Named Farmers Field

    February 01, 2011 2:00 PM EST A proposed NFL stadium in downtown Los Angeles would be called Farmers Field under a 30-year naming-rights deal between developer AEG and Farmers Insurance Exchange. The companies announced the agreement in a joint statement Tuesday in advance of ...

  17. BMG Rights Management To Launch In Australia

    October 21, 2010 12:00 AM EDT BMG Rights Management's rapid expansion continues: the Berlin-based company will launch an Australian operation in early 2011. Tim Prescott, former CEO of Albert Music and a long-time BMG executive, is assisting BMG Rights Management with fur ...

  18. AEG President Pursuing NFL Stadium Deal In L.A.

    October 12, 2010 12:00 AM EDT The head of AEG says he is pursuing a deal for the company to manage the Los Angeles Convention Center as part of a plan to bring an NFL team to downtown. AEG President Tim Leiweke said Tuesday that he and City Councilwoman Jan Perry have discusse ...

  19. BMG To Buy Evergreen Copyrights

    September 20, 2010 12:00 AM EDT BMG Rights Management has agreed a deal to acquire Evergreen Copyrights. The Evergreen catalog has more 65,000 titles including songs recorded by MC Hammer, Eric Clapton, Teddy Riley, Nick Drake, Bill Monroe and 2Pac. Its has interests in songs in ...

  20. BMG Has $500 Million To Spend

    August 31, 2010 12:00 AM EDT 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 th ...

  21. Katy Perry, Deutsche Telekom To Launch 'Firework'

    August 10, 2010 12:00 AM EDT Katy Perry has entered into a marketing partnership that will see Europe's biggest telecommunications group Deutsche Telekom promote her next single and album, while she supports the company's consumer-brand message. The campaign centers ...

  22. AEG Live Shutters Middle East Office

    July 08, 2010 12:00 AM EDT AEG Live has shuttered its Middle East office in Dubai. It will now partner with local event management company and promoter Done Events, part of Arab Media Group (AMG). In a change to AEG's strategy in the region, AEG Middle East managing di ...

  23. AEG Live Boss Fears U.K. Sales Tax Hike

    June 09, 2010 12:00 AM EDT Rob Hallett, AEG Live president of international touring , has voiced his concerns about the potential impact that a rise in V.A.T. (sales tax) in the U.K. will have on the live music business. V.A.T. (Value Added Tax), applied to goods and servic ...

  24. BMG Acquires Adage IV Catalog

    June 03, 2010 12:00 AM EDT BMG Rights Management is once again expanding its international reach, with the acquisition of the catalog of U.S. publisher Adage IV. The catalog contains songs recorded by artists including John Mayer, Ray Charles, Rob Thomas, Joni Mitchell, Fai ...

  25. BMG Mulls Bidding For U.K. Rivals

    May 04, 2010 12:00 AM EDT BMG Rights Management, the music venture owned by Bertelsmann and KKR, is eyeing a number of potential U.K. investment projects, the Financial Times reported. BMG was looking at "something like 50 deals," including two or three large acq ...

  26. BMG Rights Plans Acquisitions, Would Look At EMI

    March 23, 2010 12:00 AM EDT Thomas Rabe, CFO Bertelsmann, gave his reaction during a press conference in Berlin to a question by Billboard.biz on whether reports were correct that Bertelsmann is interested in a purchasing of parts of EMI via its BMG Rights Management operati ...

  27. Consumer Watchdog Weighs In On Orange/T-Mobile Merger

    February 05, 2010 12:00 AM EST The Office of Fair Trading (OFT), the U.K. consumer watchdog, has requested a say in the proposed merger of the British divisions of mobile telecoms companies Orange and T-Mobile. France Telecom owns Orange and Deutsche Telekom owns T-Mobile. The ...

  28. 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 ...

  29. Music Fairs Muscle In On German Computer, Book Events

    January 12, 2010 12:00 AM EST Germany will host three music fairs in March 2010, taking place in Leipzig, Hannover and Frankfurt. The concentration of German events is partly explained by organizers of book and computer trade shows opening up their events to make up the declin ...

  30. 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 ...

  31. The Inside Story: Michael Jackson's 'This Is It'

    October 30, 2009 12:00 AM EDT For “This Is It,” Michael Jackson’s planned 50-concert residency at London’s O2 Arena, the star’s sudden, tragic death really could have been it, with millions of dollars lost for producer/promoter AEG Live and the star’s vision never realized. n ...

  32. AEG Acquires Streaming Media Firm Incited Media

    October 05, 2009 12:00 AM EDT AEG has acquired streaming media management and production firm Incited Media as part of an effort to expand its services into the broadband Internet and mobile content space. The company will merge Incited Media into its AEG Productions division, ...

  33. 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 ...

  34. D.Telekom, France Telecom to join forces in U.K.

    September 08, 2009 12:00 AM EDT Deutsche Telekom and France Telecom have launched exclusive talks to merge their British mobile units in a joint venture that would grab the top spot in the cut-throat U.K. market. The partners plan to reach an agreement by the end of October, Deu ...

  35. BMG Rights Management's Revenue Target Revealed

    September 01, 2009 12:00 AM EDT BMG Rights Management will be generating revenues of around €10 million ($14.3 million) in the first year in business, according to Thomas Rabe, CFO at Bertelsmann AG, in an interview with Billboard.biz. "As there is an accounting cycle of be ...

  36. New German Alliance of Music Authors Launches

    August 26, 2009 12:00 AM EDT A new music body representing an alliance of German music authors' associations has launched. A.D.A.M (Allianz Deutscher Autoren der Musik) combines the associations of the German composers, lyricists and arrangers and will represent the inte ...

  37. BMG Acquires Crosstown Songs America

    July 23, 2009 12:00 AM EDT BMG Rights Management has acquired the music publishing assets of Crosstown Songs America, covering 8,000 songs. Financial terms were not disclosed. It is the first acquisition for the new global music rights management joint venture of Bertelsman ...

  38. Report: AEG Live In Negotiations For Michael Jackson Documentary

    July 19, 2009 12:00 AM EDT AEG Live, the company behind Michael Jackson's planned comeback in London, is negotiating with several Hollywood studios seeking a deal to release in movie theaters a documentary about the final days of the pop singer, the Wall Street journal ...

  39. AEG Live CEO Discusses Jackson's Memorial, Tribute Concert

    July 10, 2009 12:00 AM EDT Just two weeks after the death of Michael Jackson, Randy Phillips, CEO of AEG Live, producers of what were to be Jackson’s 50 sellouts at the O2 Arena in London, still has not caught his breath. Among the most recent developments for Phillips, AEG ...

  40. 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 ...

  41. Michael Jackson Concerts Face Legal Challenge

    June 11, 2009 12:00 AM EDT A music promoter has sued to stop Michael Jackson from performing in London this year, claiming his appearances would violate a prior contract. New Jersey-based AllGood Entertainment Inc contends in the lawsuit filed in federal court in New York i ...

  42. BMG Rights Finds Religion

    June 02, 2009 12:00 AM EDT BMG Rights Management (BRM) has signed a publishing partnership with Irish independent label Religion Music. Religion Music, whose catalog includes Lesley Roy, Agnelli & Nelson, and Liquid, owns the masters and publishing rights on all its art ...

  43. JPC-Schallplatten Purchases WOM Brand

    May 21, 2009 12:00 AM EDT German music retail company JPC-Schallplatten Ersandhandelsgesellschaft has bought the "WOM-World of Music" brand from department store chain operator Karstadt Quelle AG, Europe's largest department store & mail order group. WOM ...

  44. Bertelsmann Execs Waive Bonuses

    March 24, 2009 12:00 AM EDT Bertelsmann recorded a solid business performance in 2008, according to chairman and CEO Hartmut Ostrowski, who announced the results in Berlin. At the press conference today (March 24), Ostrowski said that as the German media company expects the ...

  45. AEG Live CEO Refutes Exit Speculation

    January 30, 2009 12:00 AM EST AEG Live CEO Randy Phillips refutes media speculation that he might be leaving his post to focus more on artist management. "I just completed the first year of a new five-year contract," Phillips tells Billboard.biz. "I am not going ...

  46. AEG Live Florida Announces New Festival

    January 21, 2009 12:00 AM EST The Florida office of AEG Live has announced that it will produce a one-day music festival at ArtsPark at Young Circle in Hollywood, Fla., this September. Further details about Dubfest, including confirmed artists and a specific date, will be anno ...

  47. BMG Music Service Stops Taking New Members

    December 23, 2008 12:00 AM EST BMG Music Service stopped accepting new members this week, marking the end of the once-ubiquitous "12 for the price of one" offers that the mail-order CD club was known for. A spokesperson for BMG Music Service parent Direct Brands confi ...

  48. Branding Briefs: Nina Sky, Beyonce, American Express

    December 02, 2008 12:00 AM EST - Twin sister duo Nina Sky will star in a print, TV and online ad campaign for their line of shoes for Fila. Their second album, "The Musical," is scheduled for release in March. - Beyonce and Solange will perform at a concert that will ...

  49. Ende Of An Era At EMI Publishing

    October 28, 2008 12:00 AM EDT Peter Ende, president and CEO of EMI Music Publishing Continental Europe, has stepped down after 28 years with the company. He will remain in his post until the end of November and will then have a consultancy role. European execs at EMI Music Pub ...

  50. Bertelsmann Sells Music Club Unit

    July 11, 2008 12:00 AM EDT Even as Bertelsmann A.G. considers selling its stake in Sony BMG Music Entertainment, the media giant has agreed to sell its Direct Group North America unit to Najafi Cos., a Phoenix-based private equity firm. Terms of the deal were not disclosed, ...

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