BMG Rights Management
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BMG Rights Management
BMG Rights Management GmbH (also known simply as BMG) is an international music company based in Berlin, Germany. It combines the activities of a music publisher and a record label. BMG was founded in October 2008 after Bertelsmann sold its stake in Sony BMG. From 2009 to 2013, the investment firm KKR held 51% of the company, which became one of the world's largest music publishers during that time. BMG is 100% owned by Bertelsmann and one of the group's eight business divisions. History Music at Bertelsmann In the 1950s, Bertelsmann entered the music business when it added music to its book club. Ariola, a record label, was launched and Sonopress, a pressing plant, was established. In 1975, Ariola opened an office in the United States. Bertelsmann acquired Arista Records in 1979 and RCA Records in 1985, thereby becoming one of the world's largest music companies. Its various subsidiaries were brought together in 1987 to form Bertelsmann Music Group (BMG), which did b ...
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ...
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SPV GmbH
SPV GmbH (short for ''Schallplatten Produktion und Vertrieb GmbH'', "Vinyl Production and Distribution Company") is a German independent record label. Founded on 1 January 1984, it has slowly grown to be one of the largest independent distributors and record labels worldwide. It has several sub-labels that it produces and distributes, including the labels Steamhammer ( heavy metal, hard rock), Long Branch Records (alternative, indie, progressive rock, progressive metal, metalcore), Oblivion ( darkwave, gothic), SPV Recordings ( pop, rock) and Cash Machine Records ( hip hop). In November 2020, SPV was acquired by Napalm Records. Artists on Steamhammer Steamhammer's most successful artists include Sepultura, Arena, Kreator, Rhapsody of Fire, Sodom, Evildead, Angra, Eric Burdon, Blackmore's Night, Whitesnake, Motörhead, Doro, Helloween, Kamelot, Iced Earth, Moonspell, Anne Clark, Vicious Rumors, Saxon, Sodom, Prong, Pro-Pain, Monster Magnet, Type O Negative, Skinny Puppy, ...
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Pop Music
Pop music is a genre of popular music that originated in its modern form during the mid-1950s in the United States and the United Kingdom. The terms ''popular music'' and ''pop music'' are often used interchangeably, although the former describes all music that is popular and includes many disparate styles. During the 1950s and 1960s, pop music encompassed rock and roll and the youth-oriented styles it influenced. ''Rock'' and ''pop'' music remained roughly synonymous until the late 1960s, after which ''pop'' became associated with music that was more commercial, ephemeral, and accessible. Although much of the music that appears on record charts is considered to be pop music, the genre is distinguished from chart music. Identifying factors usually include repeated choruses and hooks, short to medium-length songs written in a basic format (often the verse-chorus structure), and rhythms or tempos that can be easily danced to. Much pop music also borrows elements from other styles ...
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Folk Music
Folk music is a music genre that includes traditional folk music and the contemporary genre that evolved from the former during the 20th-century folk revival. Some types of folk music may be called world music. Traditional folk music has been defined in several ways: as music transmitted orally, music with unknown composers, music that is played on traditional instruments, music about cultural or national identity, music that changes between generations (folk process), music associated with a people's folklore, or music performed by custom over a long period of time. It has been contrasted with commercial and classical styles. The term originated in the 19th century, but folk music extends beyond that. Starting in the mid-20th century, a new form of popular folk music evolved from traditional folk music. This process and period is called the (second) folk revival and reached a zenith in the 1960s. This form of music is sometimes called contemporary folk music or folk rev ...
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Arista Records
Arista Records () is an American record label owned by Sony Music Entertainment, a subsidiary of Sony Corporation of America, the North American division of the Japanese conglomerate Sony. The label was previously handled by BMG Entertainment, the North American division of German conglomerate Bertelsmann. Though the label was founded in November 1974 by Clive Davis, Arista in its current form was re-established in 2018. Along with Epic Records, RCA Records, and Columbia Records, Arista is one of Sony Music's four flagship record labels. History Background After being fired from CBS Records, Clive Davis was recruited by Alan Hirschfield, CEO of Columbia Pictures, in June 1974 to be a consultant for the company's record and music operations. Shortly after his hiring by CPI, Davis became president of Bell Records, replacing the departing Larry Uttal. Davis's real goal was to reorganize and revitalize Columbia Pictures' music division. With a $10 million investme ...
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Sonopress
Sonopress (known as Arvato Entertainment from 2008-2015), is the CD and DVD replication business of Bertelsmann. Founded in 1958 to supply gramophone record for Bertelsmann's music club and music label businesses, Sonopress became the world's second biggest replicator of optical discs (CDs and DVDs). Much of that growth was overseen by long term CEO Uwe Swientek, who was at the company's helm for almost 30 years. Sonopress has factories and sales offices on all five continents, and predominantly serves customers in the music, software, and video game industry. It was one of the four major units of Arvato AG, the media and communications services company that in turn is one of the six divisions of Bertelsmann. Accordingly, Sonopress was occasionally referred to as Arvato Storage Media. In 2008, to celebrate 50 years in the business, the name Sonopress was dropped and replaced by Arvato Digital Services. In Jan 7, 2013, Arvato Digital Services North America spun off the replication ...
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Ariola Records
Ariola (also known as Ariola Records, Ariola-Eurodisc and BMG Ariola) is a German record label. In the late 1980s, it was a subsidiary label of the Bertelsmann Music Group, which in turn has become a part of the international media conglomerate Sony Music Entertainment. Profile Ariola Eurodisc GmbH was founded in 1958 as a music outlet of Bertelsmann. It set up several foreign subsidiaries. Ariola America was founded in 1975 in Los Angeles, and achieved ''Billboard'' magazine number one singles with Mary MacGregor's "Torn Between Two Lovers" (1976) and Amii Stewart's cover version of the 1966 Eddie Floyd hit " Knock on Wood" (1979). Other artists on the Ariola America roster during the late 1970s included Gene Cotton, The Three Degrees, Chanson, and the Canadian band Prism among others. After its pop success dried up, Ariola America found success in the Spanish language market including José José and Rocío Dúrcal from the late 1970s onward and Mexican artist Marisela star ...
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Bertelsmann Music Group Logo
Bertelsmann SE & Co. KGaA () is a German private multinational conglomerate corporation based in Gütersloh, North Rhine-Westphalia, Germany. It is one of the world's largest media conglomerates, and is also active in the service sector and education. Bertelsmann was founded as a publishing house by Carl Bertelsmann in 1835. After World War II, Bertelsmann, under the leadership of Reinhard Mohn, went from being a medium-sized enterprise to a major conglomerate, offering not only books but also television, radio, music, magazines and services. Its principal divisions include the RTL Group, Penguin Random House, BMG, Arvato, the Bertelsmann Printing Group, the Bertelsmann Education Group and Bertelsmann Investments. Bertelsmann is an unlisted and capital market-oriented company, which remains primarily controlled by the Mohn family. History 1835 to 1933 The nucleus of the corporation is the ''C. Bertelsmann Verlag'', a publishing house established on July 1 ...
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Kohlberg Kravis Roberts
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strategic partners, hedge funds. , the firm had completed more than 650 private equity investments in portfolio companies with approximately $675 billion of total enterprise value. , assets under management ("AUM") and fee paying assets under management ("FPAUM") were $471 billion and $357 billion, respectively. The firm was founded in 1976 by Jerome Kohlberg Jr., and cousins Henry Kravis and George R. Roberts, all of whom had previously worked together at Bear Stearns, where they completed some of the earliest leveraged buyout transactions. Since its founding, KKR has completed a number of transactions, including the 1989 leveraged buyout of RJR Nabisco, which was the largest buyout in history to that point, as well as the 200 ...
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Record Label
A record label, or record company, is a brand or trademark of music recordings and music videos, or the company that owns it. Sometimes, a record label is also a publishing company that manages such brands and trademarks, coordinates the production, manufacture, distribution, marketing, promotion, and enforcement of copyright for sound recordings and music videos, while also conducting talent scouting and development of new artists, and maintaining contracts with recording artists and their managers. The term "record label", derives from the circular label in the center of a vinyl record which prominently displays the manufacturer's name, along with other information. Within the mainstream music industry, recording artists have traditionally been reliant upon record labels to broaden their consumer base, market their albums, and promote their singles on streaming services, radio, and television. Record labels also provide publicists, who assist performers in gaining positi ...
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Music Publisher (popular Music)
A music publisher is a type of publisher that specializes in distributing music. Music publishers originally published sheet music. When copyright became legally protected, music publishers started to play a role in the management of the intellectual property of composers. Music print publishing The term music publisher originally referred to publishers who issued hand-copied or printed sheet music. Examples (who are actively in business ) include: * Breitkopf & Härtel, Leipzig, founded 1719 * Schott Music, Schott, Mainz, 1770 * Oxford University Press, Oxford, founded 18th century * Edition Peters, Leipzig, 1800 * Casa Ricordi, Milan, founded 1808 (now owned by Universal Music Publishing Group) * G. Schirmer, Inc., New York, founded 1861 (now owned by Wise Music Group) * Universal Edition, Vienna, 1901 * Bärenreiter, founded 1923 * Boosey & Hawkes, London, founded 1930 (now owned by Concord (entertainment company), Concord) * Hans Sikorski, Hamburg, 1935 (now owned by Conco ...
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Music Company
A record label, or record company, is a brand or trademark of Sound recording and reproduction, music recordings and Music video, music videos, or the company that owns it. Sometimes, a record label is also a Music publisher (popular music), publishing company that manages such brands and trademarks, coordinates the production, manufacturing, manufacture, distribution (business), distribution, marketing, promotion, and enforcement of copyright for sound recordings and music videos, while also conducting Artists and repertoire, talent scouting and development of new artists, and maintaining Recording contract, contracts with recording artists and their managers. The term "record label", derives from the circular label in the center of a vinyl record which prominently displays the manufacturer's name, along with other information. Within the mainstream music industry, recording artists have traditionally been reliant upon record labels to broaden their consumer base, market their ...
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