BMG

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BMG Exits Live Music Business By Selling Stakes in Undercover and Karo – Billboard

BMG is getting out of the live music business. The German music company agreed to sell its stakes in two live music companies, Undercover and Karo, to the minority shareholders, the company announced Friday (Dec. 22). The move comes less than a month after the company said it would focus on its core recorded music and publishing businesses and announced a new organizational structure. “Fifteen years after the emergence of […]

todayDecember 23, 2023 1

News

Pitbull Extends BMG Deal, Plus Dido & More Music Publishing News – Billboard

BMG has extended its global publishing deal with Pitbull. He first signed to the company nearly a decade ago, and under this renewed partnership, his back catalog of hits and future songs will be administered by the BMG team. Warner Chappell Music has signed singer-songwriter Dido to a new publishing deal, including her back catalog and future works. The deal includes hit songs like “Here With Me,” “White Flag,” “Life […]

todayNovember 23, 2023 3

News

BMG CEO Thomas Coesfeld on Streaming, AI Concerns & Competition – Billboard

Thomas Coesfeld says that the next 10 years will be much different for BMG than the last 10. Navigating the onslaught of generative artificial intelligence (AI), diverging streaming economic models and the slowdown in streaming revenue growth is among the challenges “that are keeping me up at night,” says the new CEO of the world’s fourth-largest music company, who sat down with Billboard for his first U.S. interview since succeeding […]

todayOctober 24, 2023 6

News

After Kylie Minogue album hits No.1 in the UK and Australia, artist’s global streams may be the bigger story for BMG

It’s been a jubilant few days for BMG‘s recorded music team – after Kylie Minogue’s latest album, Tension, hit the No.1 spot in both the UK and her native Australia on Friday (September 29).It was Minogue’s third consecutive No.1 album on BMG, landing 53,000 sales-equivalent units in its debut UK chart week – outselling the rest of the Top 5 combined.Yet driven by the not-insignificant hit status of Tension’s lead […]

todayOctober 4, 2023 3

News

BMG Digital Distribution to Be Handled In-House, Ending ADA Agreement – Billboard

BMG is exiting its current distribution agreement with Warner Music Group’s ADA and taking direct control of its 80 billion-stream digital business in a move the company called “the biggest change to its recorded music strategy” yet, according to a statement released Monday. The fourth largest global music company will begin phasing in the new strategy later this year, starting with its relationships with Spotify and Apple Music, according to […]

todaySeptember 18, 2023 4

News

Jennifer Lopez Partners With BMG for Next Solo Album

Jennifer Lopez has signed a new recording and publishing deal with BMG to release her ninth studio album, “This Is Me…Now.“ Lopez announced the project nearly a year ago and said it would be released in 2023, although a release date has yet to be confirmed. It will be the singer’s first full-length effort in nine years and is a nod to her third studio album, “This Is Me… Then.” […]

todaySeptember 11, 2023 7

News

Jennifer Lopez Signs New Partnership With BMG Ahead of New Album – Billboard

Jennifer Lopez has inked a new recording and publishing partnership with BMG, Billboard can exclusively announce today (Sept. 11). Under the global alliance, the award-winning singer and actress, better known as J.Lo, will release her forthcoming ninth studio album, This Is Me…Now—home to 13 tracks, released via Nuyorican/BMG. The set will mark Lopez’s first studio album as a solo artist in nine years, following the 2014 release of A.K.A. on […]

todaySeptember 11, 2023 30

News

BMG Reports 11.6% H1 2023 Growth As Revenue Tops $450M

Berlin, Germany, where both Bertelsmann and BMG are headquartered. Photo Credit: Norbert BraunBMG achieved an 11.59 percent year-over-year revenue boost during 2023’s opening half, generating €414 million (currently $452.33 million) during the six-month stretch, according to a new earnings report from its Bertelsmann parent. By category, roughly 62 percent of the revenue total derived from publishing, per a supplemental H1 2023 resource put out by BMG itself, against 34 percent […]

todayAugust 30, 2023

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