German Bertelsmann Music Group (BMG) to Buy Concord in Deal That Creates a New Major $14 billion Music Giant

This is big news!

Many years ago I was an intern at the headquarters of Bertelsmann in Gütersloh (thanks to my late father Horst Bingel)!

"German media giant Bertelsmann SE agreed to buy Nashville-based independent music group Concord and merge it with its BMG Rights Management business in a deal that will create one of the largest music companies in the world."

BMG to Buy Concord in Deal That Creates a New Major Music Giant - Bloomberg (behind paywall)

Credits: Musik kommt ganz groß raus bei Bertelsmann

The company and all its divisions