Both parties had forged an earlier agreement which began July 1, 2012.
ARESA currently represents rights in more than 900,000 songs by Anglo-American writers, including such hits as "All Of Me" co-written and performed by BMG writer John Legend, and "Locked Out Of Heaven," which was co-written and performed by BMG writer Bruno Mars.
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“BMG is determined to ensure songwriters are able to make the most of the revenue opportunities of the digital age,” comments BMG CEO Hartwig Masuch in a statement. “That means having a lean and efficient licensing operation and a state-of-the art administrative back-end. The combination of ARESA’s nimble licensing team and GEMA’s significant infrastructure is a significant benefit to our writers, and the ability to license access to more than half a billion people in a single deal is a big plus for licensees.”
In the joint statement, Harald Heker, chairman of GEMA's executive board, said, “The combination of BMG, one of the world’s fastest-growing international music publishers, and GEMA, one of the world’s most successful collection societies in terms of per capita collections, is a powerful one. We are able to offer a level of speed, transparency and efficiency which would otherwise simply be impossible.”
The German collection society recently reported solid growth as total worldwide revenues earned reached €893.6 million euros (about $950 million) in 2014, an increase of 4.8 percent over the previous year. GEMA represents the copyrights of about 69,000 members (composers, lyricists and publishers) as well as about 2 million rights-owners all over the world.