BMG To Acquire Music Publisher Talpa Music
February 10, 2014 at 3:31 AM (PT)
International rights management companies BMG and TALPA MUSIC HOLDING have signed an agreement under which BMG will acquire 100% of BENELUX music publisher TALPA MUSIC B.V., a leader in electronic dance music. TALPA MUSIC B.V. was founded in 2005 by DUTCH music publisher TONY BERK with media entrepreneur JOHN DE MOL -- who founded the TALPA GROUP in 2004 after selling his ENDEMOL production company to TELEFONICA in 2000.
BMG CEO HARTWIG MASUCH said, “This is a very significant acquisition of one of EUROPE’s leading music publishers. At one stroke it not only further builds our position in the BENELUX, making us the leading publisher of local repertoire, it gives us access to leading international songwriters, particularly in the EDM category.”
BERK adds, “The new company BMG TALPA MUSIC will be a great force in our exciting and constantly evolving music publishing industry, with its internationalization of copyright exploitation and the changes of collection of its various income streams from all kind of existing sales and usages, as well as from new great online media opportunities. I am sure BMG will be a perfect umbrella for our catalogues and will add great value to our international activities.“