LONDON — Net profit at Bertelsmann, Europe's biggest media company, rose 11% to €306 million ($405 million) in the first six months of this year. Revenue dropped 1.9% to €7.43 billion ($9.8 billion)…
Bertelsmann Music Group
Company's focus on rights management, licensing and selling singles allows for growth in a fragmented, digital-download age
Media giant Bertelsmann's decision to buy equity firm Kohlberg Kravis Roberts' 51% stake in their music joint venture BMG was one made at the right moment, according to BMG CEO Hartwig Masuch. The…
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In a music publishing deal estimated at $90 million, BMG has acquired the catalogs of Virgin Music, Famous UK Music and select Sony/ATV and EMI Music Publishing writers.
With profits more than doubling in 2006, Bertelsmann on Wednesday posted its most successful annual result ever.
Top execs at the Bertelsmann Music Group arrived at work today and faced a major challenge: replacing Rudi Gassner, one of the music world's most powerful forces, who died Saturday in Germany of a…
Attorneys for Bertelsmann Music Group filed a lawsuit Monday, seeking more than $ 6 million in damages from an insurance company that allegedly denied coverage and refused to pay attorneys to defend…
MCA Music Entertainment ended months of speculation Friday by renewing its international licensing/distribution agreement with Bertelsmann Music Group.
Warner/Chappell music publishing has started a Latin music unit and a new Latin imprint, El Toro. Heading the new division, which will be based at the company's Los Angeles headquarters, is Erich…
Rudi Gassner has signed a long-term contract to remain as president/CEO of Bertelsmann Music Group's international division, according to Michael Dornemann , BMG chairman and CEO.