International music heavyweights gathered in Manhattan yesterday for a lightweight announcement, 'revealing' that Bertelsmann AG's Bertelsmann Music Group
(BMG) will continue operating its GetMusic.com website and its various offshoots - only from now on it will be done in a joint venture arrangement with Seagram Co Ltd's Universal Music Group.
Chapter 4, "The Music Industry in Transition," is central to one of the author's main points: business ownership is concentrated in the "big six" transitional conglomerates - Warner Music, Thorn-EMI, Bertelsmann Music Group
(BMG), Sony Music, Polygram, and MCA Music Entertainment.
As expected, Impala, the association of independent labels, has lodged another appeal against the European Commission's authorisation of the merger between two majors in the music industry, Japan's Sony Music and Germany's Bertelsmann Music Group
Warner Music and Bertelsmann Music Group
(BMG) are in deliberations to create the second-largest recorded music company in the world after Universal Music Group, a new entity with combined sales of $5.7 billion.
arvato AG is the media services arm of German media group Bertelsmann AG, which owns record company Bertelsmann Music Group
(BMG), whose artists include Gareth Gates, Will Young and Westlife.
The 45-story Bertelsmann Building, completed in 1992, is one of Midtown Manhattan's most prestigious corporate addresses and the home of Bertelsmann's publishing and media subsidiaries, such as Random House and Bertelsmann Music Group
Last spring, the European Commission set conditions for the takeover by Universal (Vivendi Group) of the music publishing activity of Bertelsmann Music Group
Like Nava, a former exec at Bertelsmann Music Group
Alpers, an MBA graduate of Stanford University, has been with Bertelsmann since 1985, and has previously worked with the company's Bertelsmann Music Group
and Bantam Doubleday Dell Publishing U.S.
The merger of two large record companies, Japan's Sony Music and Germany's Bertelsmann Music Group
(BMG), has received the green light from the European Commission.
Bertelsmann Music Group
prexy and CEO Strauss Zelnick attempted to ease fears about the effects of the 'Net, saying that the digital downloading of music and films will expand the markets for entertainment content.