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Bertelsmann Music Group

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. 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's RCA Records division and Bertelsmann's Ariola Records and its associated labels which include Arista Records. It consisted of the BMG Music Publishing company, the world's third largest music publisher and the world's largest independent music publisher and (since August 2004) the 50% share of the joint venture with Sony Music, which established the German American Sony BMG from 2004 to 2008.

Bertelsmann Music Group
FormerlyRCA Victor (1929–1968)
RCA Records (1968–1985)
Ariola Eurodisc (1958–1984)
RCA/Ariola International (1985–1987)
BMG-Ariola (1987–1995)
TypeDivision
IndustryMusic
Founded1929; 94 years ago (1929) (RCA Victor)
1958; 65 years ago (1958) (Ariola Records)
FounderRCA (RCA Victor)
Bertelsmann (Ariola Records)
Defunct1 October 2008 (2008-10-01)
FateAssets sold to Sony Corporation of America
Successors
Headquarters,
United States
Area served
Worldwide
ProductsMusic and entertainment
OwnerBertelsmann Stiftung
(1987–2008)
ParentRCA
(1929–1986)
General Electric
(1986–1987)
Bertelsmann
(1987–2008)

Acquisition

In 1994, BMG acquired Italian publisher Casa Ricordi, which had been founded in 1808.

In March 1998, BMG sold its video game publisher BMG Interactive to Take-Two Interactive, with Bertelsmann taking a 16 percent stake in Take-Two. BMG Interactive published the Grand Theft Auto video game series.[1]

The joint venture between Sony Corporation and Bertelsmann to merge both companies' music divisions was set up in August 2004. It reduced the Big Five record companies to the Big Four record companies. At that time, the company had a 21.5% share in the global music market. Sony Music and BMG remained separate in Japan, although BMG Music Japan was wholly owned by Sony BMG.

On 27 March 2006, The New York Times reported that Bertelsmann was looking to raise money by leveraging some of its media assets and that executives from both companies were in talks about possibly altering the current venture. 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.

While officially withdrawing from the business of recorded music, Bertelsmann continued its strong presence in other areas of the music industry by establishing BMG Rights Management, which specializes in music rights management and by representing artists and authors. It is mainly active in European markets. The basis of the company was formed through BMG's decision to withhold selected European music catalogues from the former Sony BMG joint venture and the BMG Publishing businesses.

Also kept separate from the acquisition by Sony Corporation of America was Sony BMG's wholly owned and operated BMG Japan. Sony Music Japan remained independent from the Sony BMG joint venture, therefore BMG and Sony labelling were kept separate in Japan under the venture. During Sony BMG's buyout, BMG Japan was instead picked up by Sony Music Entertainment Japan. It briefly continued to operate as a distinct entity until a reorganization in early 2009 folded the company into Sony Music Japan.

Subsidiaries

Now part of Sony Music Entertainment after the buyout of Bertelsmann SE & Co. KGaA's 50% stake in Sony BMG.

BMG Music Publishing

BMG Music Publishing (formerly known as RCA Music Publishing), which was not part of the Sony BMG merger, was a business of the Bertelsmann Music Group until it was sold to Universal Music Group for €1.63 billion in 2007. Universal then folded the company into Universal Music Publishing Group, and the BMG name was retired.[2] The company had been headquartered at 245 Fifth Avenue in New York City, and had 36 offices in 25 countries.

Artists

BMG Music Publishing controlled over one million copyrights. Writers/artists signed to the company included: Elvis Presley, Ann Wilson, Todd Terry, Anastacia, Kylie Minogue, Jaguares, Diana Yukawa, Kent, Alcazar, Gloria Trevi, Angélica María, Dido, Lee Ryan, Ai Uemura, Julieta Venegas, The Troubadours, Powderfinger, Nelly, Rammstein, Milli Vanilli, Modern Talking, Slayer, Shania Twain, Nikki Webster, Ville Valo, Christina Aguilera, Kelly Clarkson, Coldplay, Yellowcard, Hum, Rob Dougan, The All-American Rejects, Clannad, Iron Maiden, Maroon 5, Mayra Verónica, Backyard Babies, Hipster Daddy-O and the Handgrenades, Soda Stereo, Gustavo Cerati, Keane, HARD-Fi, Horace Andy, The Cure, The Killer Barbies, Joss Stone, Tom Jobim, Vinícius de Moraes, Elvis Costello, Paul Weller, Sara Evans, Sneaker Pimps, Take That (1991-1996), Five, Westlife, D-Pryde, Louis Tomlinson, Luke Friend and Mikolas Josef.

Through Zomba Music Publishing, BMG controlled the rights to Linkin Park, Britney Spears, Iron Maiden, 30 Seconds to Mars, R. Kelly, Justin Timberlake, Michael Jackson, Bowling for Soup, Daft Punk, Katatonia, Ne-Yo, Anthrax, Mudvayne, and Poison. These artists' European rights are currently controlled by Concord Music Publishing, through Imagem.[3]

The company's songwriters wrote chart-topping hits for Mariah Carey, The Black Eyed Peas, Kenny Chesney, The Game, Mario, Rascal Flatts, Milli Vanilli, No Doubt, Thomas Anders, Jessica Simpson and 50 Cent as well as legends like Bob Dylan, Elvis Presley, Frank Sinatra and Roselyn Sánchez.

BMG Music Publishing was the global leader in Classical music and was number one in Contemporary Christian music.

Catalogues owned

Through international sub-publishing deals, BMG Music Publishing represented the catalogues of Famous Music Publishing, Walt Disney, Roadrunner Records, Leiber & Stoller, Fremantle Media, Pete Waterman, and Malaco Records in various territories.

BMG Music Publishing acquired Complete Music in 2006.[4]

Brentwood-Benson Music Publishing was BMG Music Publishing's Christian publisher and owned over 60,000 copyrights. Like with other assets of BMG Music Publishing acquired by Universal Music, it was renamed to Universal Music Brentwood-Benson. It is nowadays managed by Capitol CMG Publishing, Universal Music's christian publishing operations under Capitol Christian Music Group.

BMG Rights Management

After Sony bought out Bertelsmann's share in Sony BMG, Bertelsmann was allowed to keep the rights to several recordings from the former joint venture and rights to BMG trademark. These songs served as the foundation to BMG Rights Management. The company was originally founded with capital support of KKR, and later became a wholly owned subsidiary of Bertelsmann. It now serves as a division within Bertelsmann and as a replacement to the defunct Bertelsmann Music Group.

Criticism

CD price fixing

Between 1995 and 2000, music companies were found to have used illegal marketing agreements such as minimum advertised pricing to artificially inflate prices of compact discs in order to end price wars by discounters such as Best Buy and Target in the early 1990s.[5]

A settlement in 2002 included the music publishers and distributors; Sony Music, Warner Music, Bertelsmann Music Group, EMI Music and Universal Music. In restitution for price fixing they agreed to pay a $67.4 million fine and distribute $75.7 million in CDs to public and non-profit groups but admitted no wrongdoing.[6] It is estimated customers were overcharged by nearly $500 million and up to $5 per album.[5]

See also

References

  1. ^ "Telecompaper".
  2. ^ "Universal to buy BMG publishing". News.bbc.co.uk. 6 September 2006.
  3. ^ "Imagem Music Group Buys R&H".
  4. ^ "BMG Music Publishing Acquires Complete Music". Billboard. 20 July 2006. Retrieved 30 December 2020.
  5. ^ a b Stephen Labaton (11 May 2011). "5 Music Companies Settle Federal Case On CD Price-Fixing". The New York Times. Retrieved 26 April 2016.
  6. ^ David Lieberman (30 September 2002). "States settle CD price-fixing case". USA Today. Retrieved 26 April 2016.

External links

  • Official Bertelsmann Music Group website
  • Official Bertelsmann website
  • BMG publishing catalog at MusicBrainz  

bertelsmann, music, group, current, music, company, called, rights, management, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, fin. For the current music company called BMG see BMG Rights Management This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Bertelsmann Music Group news newspapers books scholar JSTOR September 2014 Learn how and when to remove this template message 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 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 s RCA Records division and Bertelsmann s Ariola Records and its associated labels which include Arista Records It consisted of the BMG Music Publishing company the world s third largest music publisher and the world s largest independent music publisher and since August 2004 the 50 share of the joint venture with Sony Music which established the German American Sony BMG from 2004 to 2008 Bertelsmann Music GroupFormerlyRCA Victor 1929 1968 RCA Records 1968 1985 Ariola Eurodisc 1958 1984 RCA Ariola International 1985 1987 BMG Ariola 1987 1995 TypeDivisionIndustryMusicFounded1929 94 years ago 1929 RCA Victor 1958 65 years ago 1958 Ariola Records FounderRCA RCA Victor Bertelsmann Ariola Records Defunct1 October 2008 2008 10 01 FateAssets sold to Sony Corporation of AmericaSuccessorsSony MusicBMG Rights ManagementHeadquartersNew York City United StatesArea servedWorldwideProductsMusic and entertainmentOwnerBertelsmann Stiftung 1987 2008 ParentRCA 1929 1986 General Electric 1986 1987 Bertelsmann 1987 2008 Contents 1 Acquisition 2 Subsidiaries 3 BMG Music Publishing 3 1 Artists 3 2 Catalogues owned 4 BMG Rights Management 5 Criticism 5 1 CD price fixing 6 See also 7 References 8 External linksAcquisition EditIn 1994 BMG acquired Italian publisher Casa Ricordi which had been founded in 1808 In March 1998 BMG sold its video game publisher BMG Interactive to Take Two Interactive with Bertelsmann taking a 16 percent stake in Take Two BMG Interactive published the Grand Theft Auto video game series 1 The joint venture between Sony Corporation and Bertelsmann to merge both companies music divisions was set up in August 2004 It reduced the Big Five record companies to the Big Four record companies At that time the company had a 21 5 share in the global music market Sony Music and BMG remained separate in Japan although BMG Music Japan was wholly owned by Sony BMG On 27 March 2006 The New York Times reported that Bertelsmann was looking to raise money by leveraging some of its media assets and that executives from both companies were in talks about possibly altering the current venture 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 While officially withdrawing from the business of recorded music Bertelsmann continued its strong presence in other areas of the music industry by establishing BMG Rights Management which specializes in music rights management and by representing artists and authors It is mainly active in European markets The basis of the company was formed through BMG s decision to withhold selected European music catalogues from the former Sony BMG joint venture and the BMG Publishing businesses Also kept separate from the acquisition by Sony Corporation of America was Sony BMG s wholly owned and operated BMG Japan Sony Music Japan remained independent from the Sony BMG joint venture therefore BMG and Sony labelling were kept separate in Japan under the venture During Sony BMG s buyout BMG Japan was instead picked up by Sony Music Entertainment Japan It briefly continued to operate as a distinct entity until a reorganization in early 2009 folded the company into Sony Music Japan Subsidiaries EditNow part of Sony Music Entertainment after the buyout of Bertelsmann SE amp Co KGaA s 50 stake in Sony BMG Ariola Records RCA Music Group RCA Records RCA Victor Group The Windham Hill Group Bluebird Records Arista Records J Records Full Surface Records US Records Arista Nashville RCA Nashville BNA Records BMG Kidz Zomba Music Group Battery Records Epidemic Records LaFace Records Jive Records Music for Nations Records Multitone Records Pinnacle Records Scotti Brothers Records Silvertone Records Verity Records Volcano Entertainment Zoo Entertainment X Cell RecordsBMG Music Publishing EditBMG Music Publishing formerly known as RCA Music Publishing which was not part of the Sony BMG merger was a business of the Bertelsmann Music Group until it was sold to Universal Music Group for 1 63 billion in 2007 Universal then folded the company into Universal Music Publishing Group and the BMG name was retired 2 The company had been headquartered at 245 Fifth Avenue in New York City and had 36 offices in 25 countries Artists Edit BMG Music Publishing controlled over one million copyrights Writers artists signed to the company included Elvis Presley Ann Wilson Todd Terry Anastacia Kylie Minogue Jaguares Diana Yukawa Kent Alcazar Gloria Trevi Angelica Maria Dido Lee Ryan Ai Uemura Julieta Venegas The Troubadours Powderfinger Nelly Rammstein Milli Vanilli Modern Talking Slayer Shania Twain Nikki Webster Ville Valo Christina Aguilera Kelly Clarkson Coldplay Yellowcard Hum Rob Dougan The All American Rejects Clannad Iron Maiden Maroon 5 Mayra Veronica Backyard Babies Hipster Daddy O and the Handgrenades Soda Stereo Gustavo Cerati Keane HARD Fi Horace Andy The Cure The Killer Barbies Joss Stone Tom Jobim Vinicius de Moraes Elvis Costello Paul Weller Sara Evans Sneaker Pimps Take That 1991 1996 Five Westlife D Pryde Louis Tomlinson Luke Friend and Mikolas Josef Through Zomba Music Publishing BMG controlled the rights to Linkin Park Britney Spears Iron Maiden 30 Seconds to Mars R Kelly Justin Timberlake Michael Jackson Bowling for Soup Daft Punk Katatonia Ne Yo Anthrax Mudvayne and Poison These artists European rights are currently controlled by Concord Music Publishing through Imagem 3 The company s songwriters wrote chart topping hits for Mariah Carey The Black Eyed Peas Kenny Chesney The Game Mario Rascal Flatts Milli Vanilli No Doubt Thomas Anders Jessica Simpson and 50 Cent as well as legends like Bob Dylan Elvis Presley Frank Sinatra and Roselyn Sanchez BMG Music Publishing was the global leader in Classical music and was number one in Contemporary Christian music Catalogues owned Edit Through international sub publishing deals BMG Music Publishing represented the catalogues of Famous Music Publishing Walt Disney Roadrunner Records Leiber amp Stoller Fremantle Media Pete Waterman and Malaco Records in various territories BMG Music Publishing acquired Complete Music in 2006 4 Brentwood Benson Music Publishing was BMG Music Publishing s Christian publisher and owned over 60 000 copyrights Like with other assets of BMG Music Publishing acquired by Universal Music it was renamed to Universal Music Brentwood Benson It is nowadays managed by Capitol CMG Publishing Universal Music s christian publishing operations under Capitol Christian Music Group BMG Rights Management EditMain article BMG Rights Management After Sony bought out Bertelsmann s share in Sony BMG Bertelsmann was allowed to keep the rights to several recordings from the former joint venture and rights to BMG trademark These songs served as the foundation to BMG Rights Management The company was originally founded with capital support of KKR and later became a wholly owned subsidiary of Bertelsmann It now serves as a division within Bertelsmann and as a replacement to the defunct Bertelsmann Music Group Criticism EditCD price fixing Edit Main article CD price fixing Between 1995 and 2000 music companies were found to have used illegal marketing agreements such as minimum advertised pricing to artificially inflate prices of compact discs in order to end price wars by discounters such as Best Buy and Target in the early 1990s 5 A settlement in 2002 included the music publishers and distributors Sony Music Warner Music Bertelsmann Music Group EMI Music and Universal Music In restitution for price fixing they agreed to pay a 67 4 million fine and distribute 75 7 million in CDs to public and non profit groups but admitted no wrongdoing 6 It is estimated customers were overcharged by nearly 500 million and up to 5 per album 5 See also EditList of record labels Sony BMG Music Entertainment RCA Records RCA Jive Label GroupReferences Edit Telecompaper Universal to buy BMG publishing News bbc co uk 6 September 2006 Imagem Music Group Buys R amp H BMG Music Publishing Acquires Complete Music Billboard 20 July 2006 Retrieved 30 December 2020 a b Stephen Labaton 11 May 2011 5 Music Companies Settle Federal Case On CD Price Fixing The New York Times Retrieved 26 April 2016 David Lieberman 30 September 2002 States settle CD price fixing case USA Today Retrieved 26 April 2016 External links EditOfficial Bertelsmann Music Group website Bertelsmann Music Group mbge com at the Wayback Machine archive index Official Bertelsmann website BMG publishing catalog at MusicBrainz Retrieved from https en wikipedia org w index php title Bertelsmann Music Group amp oldid 1146485429, wikipedia, wiki, book, books, library,

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