Key Takeaways:
- BMG Rights Management is the youngest major international company in the music sector based in Berlin, Germany
- The company is a subsidiary of Europe’s big media house Bertelsmann and offers an array of music publishing services
- BMG is focused on shaping the future of global music publishing through innovative strategies and acquisition
- BMG has a massive global presence and continues to be a game-changer in the music industry
Music has universal appeal and is consumed on a large scale worldwide. With the rise in demand for creative music and the surge of digital platforms, the relevance of music publishing has greatly increased. A notable player shaping the global landscape of music publishing is Berlin’s youngest content giant, BMG Music Publishing.
BMG Rights Management was launched in October 2008 and within a short span of time, has grown to become the youngest major international company in the music industry. Owned by Bertelsmann, a robust European media company, BMG’s onset has been propelled by the company’s years of experience in the music industry, dating back to 1959.
The startup’s notable differential is its strategic approach to acquisitions. Among them include Arista in 1979 and RCA in 1986. Despite a brief period of consolidation and sales, BMG Music Publishing was kept separate by Bertelsmann and continued to grow. By 2006, BMG was the third largest music publisher worldwide. BMG’s standing rests heavily on its broad paintbrush stroke on the canvas of international music publishing industry.
Another differential factor is BMG’s unique positioning as a major player in the music industry, born out of a longstanding relationship with music. Located in Berlin, the company has a strong European identity, yet it has managed to thoroughly permeate the global market while maintaining its roots.
Looking ahead, BMG has the potential to significantly influence the future of global music publishing. Their direction appears promising with strategies focussing on digital growth and embracing emerging artists and music catalogues. BMG’s approach of being artist-friendly and tech-focused ensures a seamless experience for musicians, offering creative and financial control.
The music industry is set to evolve further, and BMG is surely an instrumental part of this transition. To learn more about BMG’s exciting journey and future endeavours, visit their website, or follow them on their social media pages: Twitter, Facebook.
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