What does BMG own?
BMG owns a diverse portfolio of music publishing rights and master recordings, including the former RCA Records catalog acquired from Sony Music Entertainment in 2013. The company manages thousands of individual song copyrights and master recordings across all genres, serving both emerging and established artists.
Is BMG publicly traded?
No, BMG is privately owned as a wholly-owned subsidiary of Bertelsmann SE & Co. KGaA. Bertelsmann itself is a privately held German media conglomerate controlled by the Mohn family through the Bertelsmann Foundation.
Who founded BMG?
BMG was relaunched in 2008 by Bertelsmann SE & Co. KGaA following the sale of the original BMG Music Entertainment to Sony Corporation. The current iteration was established as a new company with a different business model focused on artist services and music publishing.
Where is BMG headquartered?
BMG is headquartered in Berlin, Germany, with operations in Australia, Brazil, China, France, Italy, Spain, the United Kingdom, the Benelux countries, the United States, Canada, and Scandinavia. The company plans to move to the renovated Lumina building in Berlin in 2027.
How many brands does BMG own?
BMG operates multiple music publishing and recording labels rather than consumer-facing brands. The company manages thousands of individual music copyrights and master recordings through its integrated platform, with BMG Publishing and BMG Recordings as its primary operating divisions.
Who owns BMG?
BMG is wholly owned by Bertelsmann SE & Co. KGaA, a privately held German media conglomerate. Bertelsmann is controlled by the Mohn family through the Bertelsmann Foundation, with additional ownership through the Bertelsmann employee ownership program.
What is BMG's revenue?
BMG reported revenues of €545 million in the 2018 financial year, with rights and licenses accounting for 91.1% of revenue and products and merchandise 8.9%. The United States generated 44.1% of revenue, followed by the United Kingdom at 24.7%.
What makes BMG different from other music companies?
BMG distinguishes itself by offering both music publishing and recorded music services under one roof through a unified technology platform, emphasizing artist-friendly terms, transparent reporting, and fair compensation models compared to traditional major music companies.