Celebrity Life
John Legend Cashes In With Songwriting Catalog Sale to BMG, KKR
Acquisition covers the musician's output from 2004 through early 2021, including hits like "All of Me," "Ordinary People" and "Glory"
BMG’s CEO Has a Grand Idea for the Music Industry: Don’t Screw Over Artists
Hartwig Masuch discusses finding greater equality for artists, the chances of an IPO and why the company's landmark deal with Tina Turner is only the beginning
Another Blockbuster Deal: Tina Turner Sells Entire Catalog to BMG
The company calls the Turner deal — which includes her name, image and likeness — its single largest artist acquisition ever
Can a Music Catalog Fetch $500 Million? BMG and KKR Think So
BMG and investment firm KKR are partnering to acquire major music catalogs. Says an exec: "We’re not chasing hits from January 2021. We’re looking at repertoire that’s proved itself about being part of our lives"
BMG Finds Financial Disparities in Black Artists’ Old Record Contracts
The music company's audit found that black artists from four of its labels had "significant disparities" in the royalty rates of their old record contracts, providing them with smaller payouts than non-black artists