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Who owns Sony BMG?
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Sony BMG Music Entertainment was an American record company owned as a 50–50 joint venture between Sony Corporation of America and Bertelsmann Music Group. The venture's successor, the revived Sony Music, is wholly owned by Sony, following their buyout of the remaining 50% held by Bertelsmann. BMG was instead rebuilt as BMG Rights Management on the basis of 200 remaining artists.
- March 4, 2004; 16 years ago
- David Gordon: chairman Sound & Vision
- Music and entertainment
- New York City, New York, United States
Bertelsmann Music Group ( BMG) was a division of German media company Bertelsmann before its completion of sale of the majority of its assets to Sony Corporation of America on 1 October 2008. Although it was established in 1987, the music company was formed as RCA/Ariola International in 1985 as a joint venture to combine the music label activities of RCA Corporation 's RCA Records division and Bertelsmann's Ariola Records and its associated labels which include Arista Records.
- 1929; 92 years ago (RCA Victor), 1958; 63 years ago (Ariola Records)
- New York City, United States
- Music
- Bertelsmann Stiftung, (1987–2008)
Jun 25, 2019 · Sony BMG Music Entertainment is the second largest of the "Big Three" record companies in the world. Holding the No. 2 spot, it falls behind the Universal Music Group (UMG) and is ahead of the Warner Music Group (WMG). Sony Music Entertainment (SME) is a Japanese-owned American record label conglomerate that is owned and incorporated by Sony. It is a wholly-owned subsidiary of the Sony Corporation of America.
Jan 14, 2021 · Fleetwood Mac Founder Mick Fleetwood Sells Recorded Music Rights to BMG. Mick Fleetwood attends the 34th Annual Rock & Roll Hall of Fame Induction Ceremony at Barclay's Center on March 29, 2019 in...
Joe Gillen (CFO & EVP, BMG North America), Kos Weaver (EVP, BMG Nashville), Benny Brown (Founder, BBR Music Group), Zach Katz (President, Repertoire & Marketing, BMG North America), Jon Loba (EVP,...
Jan 14, 2021 · Bertelsmann-owned BMG has confirmed that it has outright acquired Mick Fleetwood’s royalty interest in over 300 recordings, including all of Fleetwood Mac’s biggest hits. An important distinction: this doesn’t mean BMG has acquired the underlying master rights to classic catalog albums like Rumours and Tango In The Night , which are owned by Warner Music Group .
Mar 01, 2013 · German media giant Bertelsmann said Friday that it is acquiring full ownership of music rights management company BMG by buying out the stake of private-equity partner Kohlberg Kravis Roberts & Co....
Jun 29, 2015 · Perhaps the best-known copyright now owned by BMG as a result of the deal is the publishing to Simone’s classic My Baby Just Cares For Me. Verse, formed in 2010, owns rights to around 40,000 songs and recordings including:
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