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Bertelsmann AG
Bertelsmann AG is an international media conglomerate with divisions in books, magazines, television and radio broadcasting, music, and subscription-based music and book services. BMG Entertainment, its music division, has labels spread around the world, and reported E2.7 billion in revenues in fiscal year 2003. Bertelsmann has announced plans to merge BMG with Sony Entertainment, which would make it the second largest music distributor in the world. The merger is pending a ruling from the European Commission set to be made by July 22, 2004.

relevant holdings
BMG Music, a subscription service that offers members dicounts from a catalog of music.

CDNOW, an online music and video merchant that is partnered with amazon.com

MusicNet, online music distribution platform for partners like America Online (joint investment with EMI, Warner Music Group and Sony)

bertelsmann ag
notable artists
Britney Spears (Jive)
Dave Matthews Band (RCA)
OutKast (Arista)
The Strokes (RCA)
Velvet Revolver (RCA)

labels include (united states)
Arista Records
BMG Ariola
BMG Classics
J Records
Jive/Zomba Records
Provident Music Group
RCA Label Group - Nashville
RCA Records
RCA Victor Group
Verity Records

 

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posted may 27, 2004

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