Search results
Wholly owned by Bertelsmann
- With its integrated technology platform, artist-friendly culture and commitment to help artists maximize their income, BMG aims to be the best company in music to do business with. BMG is wholly owned by Bertelsmann.
People also ask
Is BMG owned by Bertelsmann?
Who is Bertelsmann Music Group (BMG)?
Is Bertelsmann a rival to BMG?
Why did Bertelsmann start the new BMG?
With its integrated technology platform, artist-friendly culture and commitment to help artists maximize their income, BMG aims to be the best company in music to do business with. BMG is wholly owned by Bertelsmann.
- Bertelsmann at a Glance - Bertelsmann SE & Co. KGaA
Penguin Random House is wholly owned by Bertelsmann. BMG BMG...
- BMG Confirmed As World’s Fourth-Largest Music ... - Bertelsmann
BMG is the only global music company not based in the U.S....
- Bertelsmann at a Glance - Bertelsmann SE & Co. KGaA
Bertelsmann Music Group (BMG) was a division of a German media company Bertelsmann before its completion of sale of the majority of its assets to Sony Corporation of America on 1 October 2008.
- 1929; 94 years ago (RCA Victor), 1958; 65 years ago (Ariola Records)
- Bertelsmann Stiftung, (1987–2008)
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.
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. In 2019, BMG’s company-wide global revenues increased 10.1% year-on-year to €600m ($674m).
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.
