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In 2005, longtime competitor BMG Direct Marketing, Inc., then the current owners of BMG Music Service, acquired Columbia House, renamed the merged company BMG Columbia House, Inc., and consolidated operations under the BMG Music Service name.
May 10, 2005 · New York, NY, May 10, 2005 – BMG Direct, a division of DirectGroup Bertelsmann, announced today that it has reached an agreement with The Blackstone Group to acquire The Columbia House Company. Terms of the deal were not disclosed.
Jun 11, 2015 · After a set of mergers, Columbia House is now owned by a company called Direct Brands, Inc., which also owns BookSpan, the direct descendent of the Book of the Month Club. Based on the company's Glassdoor reviews , Columbia House and its parent company are both dying a very slow, prolonged death.
May 10, 2005 · BMG Direct, parent of the BMG Music Service record club, is acquiring rival direct marketer, the Columbia House Co., from an ownership consortium led by the Blackstone Group.
Jun 21, 2021 · BMG CD club was ultimately put to sleep in 2009 by its parent Columbia House group, who then succumbed to bankruptcy in 2015. In addition to schemesters and lawsuits, several clear factors led...
Jan 2, 2019 · Columbia House and BMG Music used to sell 12 CDs for a dollar or even a penny, and somehow brought in $1.5 billion in revenue at their peak.
Aug 11, 2015 · CBS sold Columbia House to Sony and then in one of the more interesting settlements in entertainment history, in 1989, Time Warner bought a 50% stake in Columbia House as part of Sony...
