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BMG was founded in October 2008 after Bertelsmann sold its stake in Sony BMG. From 2009 to 2013, the investment firm KKR held 51% of the company, which became one of the world's largest music publishers during that time. BMG is 100% owned by Bertelsmann and one of the group's eight business divisions.
Jun 2, 2015 · Bertelsmann, the international media group, is taking full ownership of the innovative music rights management company BMG by acquiring the shares currently held by Kohlberg Kravis Roberts & Co. (KKR), and will continue to develop BMG as a wholly owned subsidiary.
Mar 24, 2021 · BMG is owned by the international media, services and education company Bertelsmann, whose other content businesses include the broadcaster RTL Group, the trade book publisher Penguin Random House, and the magazine publisher Gruner + Jahr.
In 2008, Bertelsmann sold its 50% share of Sony BMG to Sony Corporation of America for a total of $1.5 billion and the company was renamed back to Sony Music Entertainment Inc.
Mar 19, 2024 · BMG is wholly owned by Bertelsmann. Music Publishing. A matchless creative and administration service designed to leave no revenue opportunity missed for artists and songwriters.
Mar 26, 2024 · German media giant Bertelsmann is interested in doing a deal to dramatically scale up its music business BMG, whose artists include Kylie Minogue and Rita Ora, following a series of setbacks...
For four years from 2009 onwards, the investment firm KKR owned 51% of BMG, with Bertelsmann a minority partner, but in 2013, Bertelsmann bought out KKR’s stake to take 100% control of the music company.
