BMG Rights Management
International music company / From Wikipedia, the free encyclopedia
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BMG Rights Management GmbH (also known simply as BMG) is an international music company based in Berlin, Germany.[1] It combines the activities of a music publisher and a record label.[2][3]
Quick Facts Trade name, Company type ...
Bertelsmann Music Group (2009–present) | |
Company type | Division |
Industry | Music |
Predecessors | |
Founded | October 2008; 15 years ago (2008-10) in Berlin, Germany |
Headquarters | , Germany |
Number of locations | 20 countries (2020) |
Area served | Worldwide |
Key people | |
Services | Music rights management |
Revenue | €602 million (2020) |
€137 million (2020) | |
Number of employees | 974 (2020) |
Parent | Bertelsmann |
Website | bmg |
Footnotes / references BMG's main distributor is Universal Music Group for physical media marketing only, with digital distribution duties being transferred to BMG's own systems. Additional distributors, depending on artist and division, are Sony Music, RED Distribution, PIAS Group, SPV GmbH, Good2Go, Demon Music Group, Rough Trade and others. |
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BMG was founded in October 2008 after Bertelsmann sold its stake in Sony BMG.[4] 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.[5][6] BMG is 100% owned by Bertelsmann and one of the group's eight business divisions.[7]