BMG’s financial results for the first half of 2019 are in. The Bertelsmann-owned company saw its revenues rise 11.4% year-on-year in the six months to end of June, hitting €269m ($305m). That was up on the €241m posted in the prior year period, with the increase “driven primarily by organic growth”, according to Bertelsmann. Operating … Continued
Hipgnosis Songs Fund Limited has splashed the cash again. This time, the publicly traded UK-based company has acquired both writer and publishing rights in the catalog of The Chainsmokers, the artist and producer duo made up of Alex Pall and Andrew Taggart, for an undisclosed fee. Hipgnosis, led by industry veteran Merck Mercuriadis, has purchased … Continued