KKR

  1. BMG Acquires Mute Records Catalog

    December 21, 2012 6:15 PM EST In its second deal of the day, BMG Rights Management has acquired the Mute back catalog owned by EMI, which includes records released by artists like Depeche Mode, Erasure, Moby, Goldfrapp and Nick Cave. According to sources, BMG paid over 7 milli ...

  2. 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 ...

  3. Bertlesmann Announces Expansion In 2012

    March 30, 2012 9:58 AM EDT BERLIN- The Bertelsmann Media Group is planning further investments in the global music market in the coming year, according to Bertlesmann CEO Thomas Rabe who spoke at the company's annual press conference in Berlin on Wednesday. "Our p ...

  4. Warner Music $3 Billion Buyout Could be Done this Week: Source

    May 02, 2011 7:13 AM EDT Final buyout bids for Warner Music Group are due on Monday and the company could be sold by the end of the week in a deal valued at over $3 billion, according to a person familiar with the matter. The third round of bids is led by two competing fi ...

  5. 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 ...

  6. Rumored and Reported: The Latest on Major Label Sales, Mergers & Acquisitions

    February 22, 2011 2:23 PM EST Terra Firma's failed investment in EMI has set in motion a series of events that could lead to major changes in the music industry. Numerous and rather speculative media reports are detailing the steps being taken by Warner Music Group, BMG R ...

  7. Business Matters: The Android Surge: Mobile Is No. 1, Tablets Up Ten-Fold

    February 01, 2011 1:11 PM EST Android Mobile Is No. 1 -- Android overtook Nokia for the top mobile market share in the fourth quarter of 2010, according to Canalys. Google's operating system was used on 33.3 million units shipped in the quarter, up 615% year over year and ...

  8. BMG Acquires Chrysalis

    November 26, 2010 12:00 AM EST BMG Rights Management has agreed a deal to acquire Chrysalis for £107.4 million ($168.6 million). It follows three weeks of talks between BMG and Chrysalis, one of the world's biggest independent publishers. The company has a 100,000-strong c ...

  9. Report: BMG, Warner Eyeing Chrysalis

    November 04, 2010 12:00 AM EDT BMG Rights Management and Warner Music Group are among the potential bidders for the Chrysalis Group, according to the New York Post. Chrysalis, which has a 100,000-strong catalog in its publishing division, confirmed this week that is having earl ...

  10. 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 ...

  11. Business Matters: Possible Shift In File Share Penalties, BMG Rights Management, 'BlackPad' and more

    September 22, 2010 12:00 AM EDT Opinion and analysis of the day's music news. Penalties For File Sharers To Fall? -- The penalties given to convicted file sharers could fall dramatically in the future. The Supreme Court has showed interest in a file-sharing case The case is ...

  12. 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 ...

  13. 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 ...

  14. Bertelsmann Turns 175

    July 01, 2010 12:00 AM EDT The international media group Bertelsmann is celebrating its 175 anniversary. On July 1, 1835 the printer and bookbinder Carl Bertelsmann founded the C. Bertelsmann Verlag publishing company in Guttersloh, a town in the Westphalia region of German ...

  15. 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 ...

  16. BMG Rights Management To Acquire Cherry Lane

    March 26, 2010 12:00 AM EDT BMG Rights Management has made an agreement to acquire Cherry Lane Music Publishing. The deal was confirmed by BMG Rights Management today (March 26). Billboard.biz first reported talk of a deal on Tuesday (March 23). The Cherry Lane roster of cli ...

  17. 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 ...

  18. Business Matters: Bertelsmann CFO On EMI, Rabid Neurosis and More

    March 23, 2010 12:00 AM EDT -- Bertelsmann 's CFO has expressed tempered interest in the music publishing assets of EMI . "If EMI is on the market, we will look at it," Thomas Rabe said on Tuesday (March 23). "But I'm not aware that EMI is currently ...

  19. Business Matters: WMG, EMI, Rhapsody, Sonos and more

    March 15, 2010 12:00 AM EDT - Over the weekend, The Telegraph reported that private equity firm KKR is in talks with Warner Music Group to break up EMI . KKR, which last year created a music publishing joint venture with Bertelsmann, is said to desire EMI’s music publishing ...

  20. KKR, Warner Music Eye Break-up Bid For EMI: Report

    March 15, 2010 12:00 AM EDT Private equity firm KKR and Warner Music Group are in talks to launch a break-up bid for Warner's indebted British rival EMI, reported the Sunday Times. The paper said KKR is interested in acquiring the music publishing arm of EMI, which it s ...

  21. 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 ...

  22. 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 ...

  23. 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 ...

  24. 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 ...

  25. 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 ...

  26. Sources: Clear Channel Bids Due In Coming Days

    November 10, 2006 12:00 AM EST Company declines to comment. Bids are due in the coming days for Clear Channel Communications Inc., the largest U.S. radio company, sources familiar with the situation told Reuters on Nov. 9. Clear Channel, which has about 1,150 stations, said las ...