BMG Rights Management, formerly known as Bertelsmann Music Group, is a global music conglomerate with a rich history in the industry. Originally formed in 1985 as a joint venture between Bertelsmann AG and RCA, BMG has since evolved into a powerhouse of music production and distribution.
In 1986, Bertelsmann acquired full ownership of RCA and Arista Records through the purchase of their joint venture's stock from General Electric. The following year, these labels were merged under the umbrella of Bertelsmann Music Group (BMG), solidifying its position as a major player in the music world.
In 2004, BMG joined forces with Sony Music to create Sony BMG Music Entertainment. However, in 2008, Bertelsmann sold its stake in the company, leading to the formation of BMG Rights Management. Today, BMG continues to thrive as a leading record label and distributor worldwide.
PWL Extended: Big Hits and Surprises, Vols. 1 and 2
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