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 […]
