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
Scripps, Journal Merging Broadcast Operations, Spinning off Newspapers
New Research From Coleman Insights And knowDigital Finds Strong Demand For NextRadio
July 30, 2014
Nielsen Reports Second Quarter 2014 Results
WRQX's Marc Orem Named Cumulus' "CBOS Star of the Week"
In Brief - July 30, 2014
FMQB FYI... Links You Should Know About
July 29, 2014
SiriusXM Reports Second Quarter 2014 Results
Do It For Kidd
In Brief - July 29, 2014
July 28, 2014
CCM+E Names Maynard SVP of Programming
Bob Rivers Ending Long-Running Morning Show
In Brief - July 28, 2014
July 25, 2014
eQB NOW
The Week In Review: 7/21-7/25
Pandora Reports Increase In Revenue, Net Loss In Q2
WRQX/Washington, D.C. Announces New Morning Show
In Brief - July 25, 2014
July 24, 2014
WQHT (HOT 97) New York Names Jay Dixon As Program Director
Townsquare Media, Inc. Announces Pricing of Initial Public Offering
iHeartRadio Survey Reveals Funniest Woman in America + Best Disney Song Ever
In Brief - July 24, 2014
July 23, 2014
Taylor Swift, Coldplay & More To Headline 2014 iHeartRadio Music Festival
CC Media Holdings Reports 1% Revenue Increase In Q2
CBS LOCAL Personalizes Event Discovery, Content Delivery With Agreement To Acquire Eventful
Music News
Lorde Pens New Hunger Games Song
Quick Hits: Katy Perry, Alicia Keys & Swizz Beatz, Enrique Iglesias & Pitbull, Sixx:A.M., Fitz and The Tantrums
5 Seconds Of Summer Debut At #1, Announce 2015 Tour
Quick Hits: Foo Fighters, Iggy Azalea, Virgin Free Fest, Maynard James Keenan
Lady Gaga & Tony Bennett Jazz Album Officially Announced
Quick Hits: Jessie J + Ariana Grande + Nicki Minaj, Muse, TV On the Radio, Hozier, Primus, Led Zeppelin
FMQB Retro-Active: Ken Sharp Gets Up Close with Graham Nash and Tom Petty
Quick Hits: Nicki Minaj, Fences / Macklemore & Ryan Lewis, Courtney Love / Kurt Cobain biopic, Wings, Bleachers
The Week In Review: 7/21-7/25
Quick Hits: Lil Wayne, Metallica, Pearl Jam, Lionel Richie
MTV Names Iggy Azalea New Host Of House Of Style
Quick Hits: Farm Aid 2014, Beyoncé, Ozzy Osbourne, Stevie Nicks
"Weird Al" Yankovic Lands First #1 Album Of His Career
Quick Hits: Hilary Duff, Pharrell & Miley Cyrus, Jack White, Ryan Adams, Mudvayne / Greg Tribbett
Godsmack Unleashes Epic "Generation Day"
FMQB NOW

Farshad Family, SVP
Local Media Product Leadership
Nielsen Audio

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!