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      Bertelsmann

      • BMG is owned by international media, services and education company Bertelsmann, whose other content businesses include the entertainment company RTL Group and the trade book publisher Penguin Random House.
      www.universalmusic.com › bmg-forms-alliance-with-universal-music-group
  1. BMG was founded in October 2008 after Bertelsmann sold its stake in Sony BMG to Sony. [5] 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. [6] [7] BMG is 100% owned by Bertelsmann and one of the group's eight business divisions. [8]

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  3. Sep 8, 2014 · 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.

  4. 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.

  5. Jan 30, 2023 · Thomas Coesfeld has been named the new boss of music company BMG and will succeed current CEO Hartwig Masuch on Jan. 1 after Masuch steps down at the end of this year.

  6. Jun 22, 2023 · Paul Simon has sold a stake in his royalty income from his Simon and Garfunkel recordings to BMG, the company announced on Thursday.

  7. May 17, 2023 · Thomas Coesfeld will take over in July from outgoing chief executive Hartwig Masuch, who has presided over the music group since 2008 and made it into one of the most successful arms of the...

  8. Mar 27, 2024 · European media giant Bertelsmann, facing setbacks, wants to grow music unit BMG through a merger with a rival or a “breakout investment”. That’s according to a report from The Financial Times on Tuesday (March 26), citing an interview with Bertelsmann CEO Thomas Rabe.

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