Bertelsmann Music Group (BMG) was the music division of the German media conglomerate Bertelsmann, formed in 1987 from the 1985 joint venture RCA/Ariola International that combined RCA Records with Bertelsmann's Ariola Records and affiliated labels such as Arista Records. Headquartered in New York City, BMG grew to include BMG Music Publishing, described as the world's third largest music publisher and the largest independent one, and held a fifty percent stake in the joint venture Sony BMG Music Entertainment from 2004 to 2008. Bertelsmann sold the bulk of BMG's assets to Sony Corporation of America in October 2008, and the remaining rights business relaunched as BMG Rights Management.
Facts
Company Type Founded Year Chronology
Dissolved Year Company Type
Company Type (category) Connections
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Source Wikipedia, Bertelsmann Music Group
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Source Wikipedia: Bertelsmann Music Grouptier 2
Sources
1. Wikipedia, Bertelsmann Music Group
WikipediaInfobox: type
Division
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Although established in 1987, BMG was formed as RCA/Ariola International in 1985 as a joint venture to combine the music label activities of RCA's RCA Records division and Bertelsmann's Ariola Records and its associated labels which include Arista Records.
Lead section
It consisted of the BMG Music Publishing company, the world's third largest music publisher and the world's largest independent music publisher and (since August 2004) the 50% share of the joint venture with Sony Music Entertainment, which established the German-American Sony BMG Music Entertainment from 2004 to 2008.
Operates In: Music Industry, Infobox: industry
Music
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