BMG is launching its own wholly-owned operation in Brazil after acquiring music publisher Basement Brazil.
Basement founder John Telfer will serve as managing director of the new BMG Brazil, based in São Paolo. John founded Basement Music in 1978 as a publishing and management company working with artists including Joe Jackson, The Proclaimers, Everything But The Girl, and Television (whom he continues to manage). Telfer opened Basement Brazil in 2005 and has since become the partner of choice in Brazil for international independent music publishers.
Commenting, John Telfer said: ‘The launch of BMG Brazil is one of the most significant developments in the Brazilian music market for many years.
‘I have been incredibly impressed by the scale, the infrastructure, and the reach BMG has achieved in such a short time. This is a tremendous opportunity for Basement’s clients, who I am confident will receive an even better service than before, and for the new BMG Brazil team.’
The launch of a Brazil office comes two months after BMG launched BMG Australia in Sydney. Brazil becomes the twelfth territory in which BMG operates directly after Germany, the US, UK, France, Canada, Italy, Scandinavia, Spain, Benelux, China, and Australia.
Hartwig Masuch, BMG chief executive officer, said: ‘The addition of John Telfer and the respected Basement operation gives BMG a strong platform to launch in Brazil. The new operation will not only increase the speed and quality of our service to our international clients in Brazil, it will allow us to offer that unique BMG service to artists and songwriters from Brazil. Great music knows no barriers.'
Despite recent economic difficulties the recorded music market in Brazil has grown by nearly 50 percent over the past five years, according to IFPI. Brazil is the tenth biggest recorded music market (according to the IFPI) and the eighth biggest for music publishing collections (according to CISAC).
Visit the BMG website for more information.
Basement founder John Telfer will serve as managing director of the new BMG Brazil, based in São Paolo. John founded Basement Music in 1978 as a publishing and management company working with artists including Joe Jackson, The Proclaimers, Everything But The Girl, and Television (whom he continues to manage). Telfer opened Basement Brazil in 2005 and has since become the partner of choice in Brazil for international independent music publishers.
Commenting, John Telfer said: ‘The launch of BMG Brazil is one of the most significant developments in the Brazilian music market for many years.
‘I have been incredibly impressed by the scale, the infrastructure, and the reach BMG has achieved in such a short time. This is a tremendous opportunity for Basement’s clients, who I am confident will receive an even better service than before, and for the new BMG Brazil team.’
The launch of a Brazil office comes two months after BMG launched BMG Australia in Sydney. Brazil becomes the twelfth territory in which BMG operates directly after Germany, the US, UK, France, Canada, Italy, Scandinavia, Spain, Benelux, China, and Australia.
Hartwig Masuch, BMG chief executive officer, said: ‘The addition of John Telfer and the respected Basement operation gives BMG a strong platform to launch in Brazil. The new operation will not only increase the speed and quality of our service to our international clients in Brazil, it will allow us to offer that unique BMG service to artists and songwriters from Brazil. Great music knows no barriers.'
Despite recent economic difficulties the recorded music market in Brazil has grown by nearly 50 percent over the past five years, according to IFPI. Brazil is the tenth biggest recorded music market (according to the IFPI) and the eighth biggest for music publishing collections (according to CISAC).
Visit the BMG website for more information.
