A bmg acquired a stake in the musical work of Paul Simon. Where did the company get its revenue from? royalties in the recording of simon and garfunkel, Information is from Music Week.
Paul Simon One close Music Publishing Acquisition Agreement Together Sony Music Publishing In 2021.
simon and garfunkel He is one of the world’s best-selling artists and winners of all time. seven grammy awards, track like ‘The Sound of Silence’, ‘The Boxer’, ‘Mrs. Robinson’ it is ‘bridge over Troubled Water’ Streamed millions of times.
from the albums Wednesday Morning, 3 O’Clock (1964), Sounds of Silence (1966), Parsley, Sage, Rosemary and Thyme (1966), Bookends (1968) it is Bridge Over Troubled Waters (1970).
“In any list of true greats, Paul Simon remains a pillar of popular music history. We will do our part to ensure that your music continues to be respected and respected. Thomas Scherer, President of Repertory and Marketing for BMG, Los Angeles and New York,
“We are delighted to have secured Paul Simon’s agreement for BMG to acquire his copyrights in the Simon & Garfunkel recordings. This is an important transaction. Our ability to secure this deal demonstrates once again that BMG provides the best homes for the greatest artists. Thomas Koesfeld, CEO of BeeMG.
Music Week also reports that over the past two years bmg Includes full acquisition of rights and/or royalties to the work of the artists and/or composers Tina Turner, John Legend, Mötley Crüe, ZZ Top, Mick Fleetwood, Peter Frampton, Harry Nilsson, John Lee Hooker, Simple Minds, Primal Scream, Jean-Michel Jarre and, more recently, holliesamong others.
Yet the company concluded more than that, according to Music Week. 45 acquisitions throughout 2022, Latest transaction is part of long-term strategy bmg Creating a home for iconic music rights.
A bmg as the work of artists is already represented or owned by Mick Jagger it is Keith Richards, Tina Turner, George Harrison, John Lennon, Ringo Starr, Harry Nilsson, Buddy Holly, Jim Croce, Roger Waters, Kurt Cobain, Blondie, David Bowie, Scorpions, The Kinks, Black Sabbath, Iron Maidenamong others.