Industry | Music |
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Founded | Berlin, Germany, (October 2008 | )
Headquarters | Berlin, Germany |
Key people | Hartwig Masuch Max Dressendörfer Kay Krafft Fred Casimir |
Services | Music rights management |
Parent | Bertelsmann AG, KKR |
Website | Official website |
BMG Rights Management (or BMG RM) is a music rights management company and a joint venture between the international media company Bertelsmann and the global private equity firm KKR. The company's head office is in Berlin, but it also has regional offices New York, Nashville, Los Angeles, London, Madrid, Milan, Paris, Munich, Stockholm and Hilversum in the Netherlands.
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The company was first announced in late 2008 shortly following Bertelsmann's sale of its music interests to Sony Music Entertainment, and first opened offices in January 2009.[1] Since its founding, the company has completed a number of prominent signings and now represents the rights to more than 75,000 songs. It has acquired major publishers such as Adage IV, Cherry Lane Music Publishing, Stage Three Music, and Evergreen Copyrights.[2]
BMG Rights Management focuses on management of music rights. The company covers the entire range of rights administration and places the needs of songwriters and performing artists at the core of its business model. Because European media giant Bertelsmann also owns the RTL Group, BMG Rights Management benefits from an international network of television and film producers.[3]
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