John Legend Cashes In With Songwriting Catalog Sale to BMG, KKR
Posted in:
Music News
Acquisition covers the musician's output from 2004 through early 2021, including hits like "All of Me," "Ordinary People" and "Glory"
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BMG’s CEO Has a Grand Idea for the Music Industry: Don’t Screw Over Artists
Posted in: Music Biz FeaturesHartwig Masuch discusses finding greater equality for artists, the chances of an IPO and why the company's landmark deal with Tina Turner is only the beginning
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Another Blockbuster Deal: Tina Turner Sells Entire Catalog to BMG
Posted in: Music Biz NewsThe company calls the Turner deal — which includes her name, image and likeness — its single largest artist acquisition ever
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Can a Music Catalog Fetch $500 Million? BMG and KKR Think So
Posted in: Music Biz NewsBMG and investment firm KKR are partnering to acquire major music catalogs. Says an exec: "We’re not chasing hits from January 2021. We’re looking at repertoire that’s proved itself about being part of our lives"
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BMG Finds Financial Disparities in Black Artists’ Old Record Contracts
Posted in: Music Biz NewsThe music company's audit found that black artists from four of its labels had "significant disparities" in the royalty rates of their old record contracts, providing them with smaller payouts than non-black artists
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Morrissey Is Splitting From His Record Label With ‘Galvanic Horror’
Posted in: Music Biz News"It's still important to me to do music my own way, and I wouldn't want to be on a label that dictates so specifically how their artists should behave," the singer says of his departure from BMG
