BMG Music Publishing has acquired BBC Worldwide’s existing music publishing interests, which include music from productions such as “Teletubbies,” “The Tweenies,” “Walking With Dinosaurs” and “The Planets.”
BBC Worldwide said the deal maximizes the value of its publishing catalog and allows BBC Worldwide to concentrate on developing new broadcast-related music publishing initiatives. The BBC’s commercial arm will focus on new acquisitions and broadcast-related music publishing opportunities.
BMG Music Publishing, which has acted as BBC Worldwide’s music publishing administrator since 1996, made the acquisition to increase its position in the film/TV industry. BMG already represents the music catalogs of Fremantle, DIC Entertainment, Lion’s Gate/Tristar Pictures, Aardman Animation, Transworld Intl., Famous Music (the catalog of Paramount Pictures) and others.
In the new system, “the music publishing team at BBC Worldwide is now focused on working with composers and broadcast partners on developing new publishing opportunities, expected to create significant value to all concerned,” said Jason Blain, BBC Worldwide’s director of Global Business Development & Music.