BMG Acquires Evergreen

BMG NABS ANOTHER: BMG Rights Management has acquired Evergreen Copyrights with funds managed by Trilantic Capital Partners for a reported $80 million. The U.S.-based Evergreen was founded by Richard Perna, David Schulhof and noted music business attorney Joel Katz, and includes a variety of compositions performed by MC Hammer, Eric Clapton, Teddy Riley, Nick Drake, Bill Monroe and 2Pac, including “U Can’t Touch This,” “Cocaine,” “Kiss Me,” John Waite’s “Missing You,” Joe Cocker’s “You Are So Beautiful” and Michael Jackson’s “Remember The Time.” This follows BMG’s recent purchase of pubbieries Cherry Lane, Adage IV and Stage Three Music. As part of the deal, Trilantic Capital Partners has acquired a single-digit stake in BMG along with private equity firm Kohlberg Kravis Roberts & Co. and Bertlesmann AG. (9/20a)

BACK TO RUMOR MILL

		UMG AND TIKTOK WORK IT OUT The kerfuffle is in the past. (5/2a) Check It Out Now LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL A breakdown from the boss (5/2a) Check It Out Now HITS LIST: HANGIN' OUT With extra relish (5/2a) Check It Out Now TOP 20: IT’S STILL TAYLOR’S WORLD Large and in charge (5/2a) Check It Out Now THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL That's what friends are for. (5/1a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

rumor mail

Email

First Name

Last Name

Company

Country
CAPTCHA code

Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions

BMG Acquires Evergreen

Modal