HARTWIG MASUCH, 62
Last Year’s Rank: 36
Since relaunching in 2008, BMG has established itself as a publishing powerhouse — Billboard estimates that approximately 80 percent of its $450 million in annual revenue is generated in that sector — but recorded music was always part of its business plan. Since selling most of its recorded-music assets to Sony in 2008, BMG has acquired more than a dozen labels and catalogs, most recently BBR Music Group, which includes country star Jason Aldean’s label home, Broken Bow. And according to the Berlin-based Masuch, 2016 was the year “we had our breakthrough on the recording side,” with successful releases by Blink-182, Rick Astley and others. “That helped establish us in the U.S., continental Europe and the U.K.,” he says. On the publishing side, BMG landed a global adminstration deal with Roger Waters that includes both his Pink Floyd catalog and solo work.