Music Business News: Germany

Live music company DEAG on course for €300m+ year, as Detlef Kornett is named co-CEO

DEAG also says that it 'currently has several acquisitions in advanced stages of negotiation' as it looks to strengthen its position in the European live music market

News

BMG revenues up 11.5% YoY in H1 2023, hitting $447m, as operating EBITDA grows 22.6%

In H1 2023, BMG's operating EBITDA hit €90 million ($97m), up 22.6% YoY

News

European concert and ticketing firm CTS EVENTIM generated €1bn in the first six months of 2023

Revenue haul marked the first time the company generated in excess of €1 billion within a six-month period

News

Anthony Abner named Global General Counsel at BMG

Abner joined BMG in 2018 as Vice President, Business & Legal Affairs

News

TuneCore Germany inks Dolby Atmos production partnership with ThreeDee Music

Deal will allow independent artists to release their tracks in Dolby Atmos through Apple Music

Interviews

‘Dolby Atmos is not just a gimmick. Music in 3D has the potential to replace Stereo.’

Matthias Stalter, founder and CEO of Spatial Audio production company ThreeDee Music, gives us his predictions for the Spatial Audio business, and explains how ThreeDee Music is situated in the sector…

News

Germany-based indie label People Want To Dance signs Dolby Atmos deal with production firm ThreeDee Music

Partnership arrives a month after the ThreeDee Music signed a deal with Universal Music Germany

News

BMG ups interest in Eurodance stars SNAP! via acquisition of the writer’s share of royalties of the group’s Michael Münzing

BMG acquired the SNAP! recorded music catalogue in 2018