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BMG Rights Management (also known as BMG RM) is a music rights management company. It is currently the only music division of German media group Bertelsmann AG . It was announced in late 2008 shortly following Bertelsmann's sale of its music interests to Sony Music Entertainment .
BMG Rights Management. After Sony bought out Bertelsmann's share in Sony BMG, Bertelsmann was allowed to keep the rights to several recordings from the former joint venture and rights to BMG trademark. These songs served as the foundation to BMG Rights Management.
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BMG Rights Management GmbH is an international music company based in Berlin, Germany. It combines the activities of a music publisher and a record label.
BMG Rights Management has acquired 13 companies of its own. A total of 4 acquisitions came from private equity firms. BMG Rights Management’s largest acquisition to date was in 2011, when it acquired Bug Music for $300M.
In 2004, Sony and Bertelsmann established a 50–50 joint venture known as Sony BMG to handle the operations of Sony Music and Bertelsmann Music Group (BMG), but Sony bought out Bertelsmann's stake 4 years later and reverted to using the 1991 company name.
Also in October 2023, UMG formed a new partnership with BMG Rights Management to develop collaborative initiatives to enlarge opportunities for BMG-signed artists all over the world. [125]
Sony BMG Music Entertainment was an American record company owned as a 50–50 joint venture between Sony Corporation of America and Bertelsmann. The venture's successor, the revived Sony Music, is wholly owned by Sony, following their buyout of the remaining 50% held by Bertelsmann.
