The Mute catalogue includes master recordings from artists including Depeche Mode, Nick Cave, Goldfrapp and Yazoo while the Sanctuary Records catalogue numbers some 170,000 works by the likes of Black Sabbath, Motörhead, Megadeth, The Kinks and Uriah Heep.
Both acquisitions have now been approved by the European Commission.
BMG chief executive Hartwig Masuch said: ‘These acquisitions are a significant step forward for BMG. Now the real work begins – to demonstrate to artists, writers and clients that their faith in us is justified. We remain committed to delivering on our promise to create a modern new artist-centric alternative to the legacy music companies.’
Since its launch in 2008, BMG has grown to represent the rights to more than one million songs and recordings, including the catalogues of Chrysalis and Bug. It is a wholly-owned subsidiary of Bertelsmann. In the US, UK and Scandinavia the company trades under the name BMG Chrysalis.
Both acquisitions have now been approved by the European Commission.
BMG chief executive Hartwig Masuch said: ‘These acquisitions are a significant step forward for BMG. Now the real work begins – to demonstrate to artists, writers and clients that their faith in us is justified. We remain committed to delivering on our promise to create a modern new artist-centric alternative to the legacy music companies.’
Since its launch in 2008, BMG has grown to represent the rights to more than one million songs and recordings, including the catalogues of Chrysalis and Bug. It is a wholly-owned subsidiary of Bertelsmann. In the US, UK and Scandinavia the company trades under the name BMG Chrysalis.
