BMG Acquires Sanctuary Records From UMG
February 15, 2013

BMG announces it has signed a binding agreement to acquire Sanctuary Records from Universal Music Group. The proposed sale, which is subject to regulatory approval by the European Commission (EC), is the latest in a series of divestments mandated by the EC, following Universal’s purchase of EMI.

BMG CEO Hartwig Masuch said, "We are delighted to have won the opportunity to work with the exceptional line-up of artists in the Sanctuary catalog. We have made no secret of our ambition to create a new force in the music industry focused on delivering service and revenue to artists. We believe this deal will be good news for those artists, good news for our partners particularly in the independent sector and good news for the music industry as a whole." 

The Sanctuary catalog includes over 170,000 recordings from such legendary labels as Bronze, Creole, Immediate, Jet, Transatlantic, Trojan, Sugarhill, Pye and Solar. Sanctuary's catalog also includes 19 of Black Sabbath's albums, as well as releases from fellow hard rockers Motörhead, Iron Maiden, Bruce Dickinson and Megadeth. The catalog also contains Reggae stars from the legendary Trojan Records label, such as Toots and the Maytals, Desmond Dekker, Lee "Scratch" Perry and selected Bob Marley recordings as well. Punk greats The Damned, X-Ray Spex, Sham 69 and The Fall are also under the Sanctuary umbrella, as well as releases from The Kinks, Uriah HeepJonathan Richman, Donovan, Status Quo, Petula ClarkGrandmaster Flash, The Sugarhill Gang and many, many more. 

The agreement to buy Sanctuary is the second BMG-UMG deal in the wake of Universal's acquisition of EMI. In December, BMG announced it had agreed in principle to buy the Mute Records catalog of recordings from Depeche Mode, Erasure, Moby and Nick Cave.




 
Breaking News
WKTU/New York's KTUphoria 2017 Set To Heat Up Summer
Bender Extends Morning Show Agreement With KBKS/Seattle
KDGE/Dallas Names Leigh Ann Adam As New Morning Drive Host
March 28, 2016
BIA/Kelsey: Digital Revenues for U.S. Radio Continue to Rise
Jeff Lyons Joins Cumulus As Promotions/Marketing Director for Appleton-Oshkosh, WI
March 27, 2017
Dennis Reese Named SVP/Promotion At RCA Nashville
Cumulus Media Brings Hot AC To Savannah, GA Launches WZAT (102.1 The Sound)
In Brief - March 27, 2017
March 24, 2017
Ryan Seacrest Announces KIIS FM's Wango Tango 2017 Lineup
WMGC (105.1 The Bounce)/Detroit Adds “Big Boy” To Mornings
107.1 The BOSS/New Jersey Announce Air Talent Line-Up
March 23, 2017
iHeartRadio Surpasses 100 Million Users
Westwood One Promotes Mark Wildman to EVP/Strategic Partnerships
March 23, 2017
iHeartMedia Oklahoma City Names JJ Ryan PD For KJYO & KXXY
Entercom Names Richard J. Schmaeling EVP & CFO
Doug Gottlieb Joins FOX Sports Radio & FS1
March 21, 2017
Beasley Broadcast Group Reports 4th Quarter and Full Year 2016 Results
Chip Arledge Appointed OM For Cumulus Media Shreveport/Bossier City, LA
KXQQ/Las Vegas Names Natalia Hernandez As New Midday Personality
In Brief - March 21, 2017
March 17, 2017
Cumulus Reports Results for Fourth Quarter and Full Year 2016
Entercom Austin To Move 96.3 FM RnB To 95.9 FM
March 16, 2017
Music News
Eagles & Fleetwood Mac To Headline The Classic
Quick Hits: Rock & Roll Hall Of Fame, Harry Styles, Lana Del Ray
Drake's More Life Sets Billboard 200 Streaming Record
Quick Hits: Halsey, Snoop Dogg / 2Pac, Pitbull / Wrestlemania, Paul McCartney, Phoenix, Matchbox Twenty & Counting Crows
Quick Hits: Kendrick Lamar, Iggy Azalea, Vans Warper Tour
Quick Hits: Gorillaz, Kaaboo Festival, March Madness
Chance the Rapper, The Killers, Muse & Arcade Fire Headlining Lollapalooza
QuickHits: Ed Sheeran, Chuck Berry, The Decemberists
QuickHits: NIN, Missy Elliot, Frank Ocean, Pitbull, Enrique Iglesias, Sublime
Rock Pioneer Chuck Berry Passes Away
The Entertainment World Remembers Chuck Berry
Ed Sheeran Spends Second Week Atop Billboard 200
QuickHits: Drake, James Blunt, Spoon, Bob Dylan
Quick Hits: Coldplay. BET Experience, Weezer
Quick Hits: The Chainsmokers, Pitbull, Ohana Music Festival, Arroyo Seco Weekend, Feist
FMQB NOW

Sam Milkman, EVP
Coleman Insights

Advertisement:
Search FMQB.com
Advertisements:
FMQB Member Login
Email:
Pass:

Save
Not a member yet?
Sign up Now!
Sign Up for Breaking News!
Enter FMQB E-Tracking!