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
Greg Ausham Named PD At WNNX/Atlanta
Emmis Communications, Beasley Broadcast Group Deploy Jelli Radio Ad Platform In Major Markets
Cumulus Taps Dan Mandis As PD Of WWTN/Nashville
In Brief - August 19, 2014
August 18, 2014
Republic Records Promotes David "Davey Dee" Ingenloff to VP/Rhythm Crossover Promotion
NAB President/CEO Gordon Smith To Keynote The Conclave
Westwood One Names George King VP/Programming, Network Formats
Cox Media Group Miami Launches The DJ Laz Morning Show on WFLC
Vince Szydlowski Named SVP, Label Sales For Capitol Music Group
In Brief - August 18, 2014
August 15, 2014
eQB NOW
The Week In Review: 8/11-8/15
CCM+E Miami Names Michael "Mud" Gross PD At WBGG-FM
WQHT/New York MD Karlie Hustle Resigns
Townsquare Media Promotes Heather DeLuca to Brand Manger for WSJO/Atlantic City
RAB Report: Radio's Q2 '14 Revenue Performance Down 3%
CMG San Antonio Rebrands 106.7 FM as The Eagle
In Brief - August 15, 2014
August 14, 2014
Clear Channel Political Advertising Targeting Tool, AuDiO, Now Incorporates Nielsen Data
Cumulus Media, Katz Radio Group Enter New Long-Term Partnership
NBC Joins Forces With iHeartRadio For Digital Premiere Of New Romantic Comedy "A TO Z"
In Brief - August 14, 2014
August 13, 2014
Radio Disney To Sell Off Majority Of Stations
Report: Radio Is Effective For Healthcare Advertising
Beatport and Premiere Networks Expand Pete Tong's Syndicated Radio Show
In Brief - August 13, 2014
Music News
New Taylor Swift Album Due Out October 27
Quick Hits: Lady Gaga & Tony Bennett, Haim, Fashion Rocks concert, T.I., iTunes Festival, Unlocking the Truth, Leonard Cohen
Colbie Caillat Sets September 30 Street Date
Quick Hits: Coldplay, U2, Christina Aguilera, B.o.B, Wiz Khalifa, Becky G, Bob Seeger
Lil Wayne's Tha Carter V Coming October 28
Quick Hits: Nickelback, Sia, Shindig Music Festival, Def Jam Records, Annie Lennox
The Week In Review: 8/11-8/15
Quick Hits: Taylor Swift, Sam Smith, Meghan Trainor, Primus / Tool, Becky G, John Mellencamp
Guardians Of The Galaxy's Awesome Mix Hits #1
Quick Hits: Nicki Minaj, Death Cab For Cutie, Metro Station, Celine Dion, She & Him, Karen O
Honda Stage Launches at iHeartRadio Theater L.A.
Quick Hits: Kings Of Leon, Daft Punk, Linkin Park's Joe Hahn, Goo Goo Dolls, Bob Weir & RatDog
Foo Fighters Set November 10 Street Date
Quick Hits: Kings Of Leon, Teen Choice Awards, Taylor Swift, Capital Cities, Five Finger Death Punch, Dirty Heads, Paul McCartney
iHeartRadio Throwing A Party For Maroon 5
FMQB NOW

Sean Demery, PD
WYMS/Milwaukee

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!