miércoles, septiembre 28, 2022
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BMG revenues elevated 25% to €371m in first half of 2022


BMG noticed its half-year revenues develop 25% YoY to €371 million within the six months to finish of June.

The corporate says that this primary half natural development of 25% was the best in BMG’s 14-year historical past.

These numbers had been confirmed by BMG and dad or mum Bertelsmann immediately (August 31).

The €371 million income haul represented a €75 million enhance on the €296 million that BMG generated in the identical six-month interval of 2021 (see beneath).



BMG reviews that 60% of its revenues within the first half of 2022 had been from publishing, with 40% from recordings.

Additionally reported immediately, BMG’s working EBITDA reached €73 million within the first half of the yr, up 46% YoY.

BMG reviews that its EBITDA margin reached 19.7% in H1 2022, an all-time excessive for H1.

Elsewhere, BMG notes (see beneath) that it “struck new world partnerships”, and “invested in adjoining enterprise fields,” whereas the corporate’s spending on catalog acquisitions tripled over the identical interval final yr.

Acquisitions introduced by BMG in H1 included the music pursuits of American blues icon John Lee Hooker, in addition to a 50% stake within the music pursuits of Bobby Gillespie, Andrew Innes and the late Robert Younger of legendary Scottish rock band Primal Scream, along with their neighbouring rights.

BMG additionally struck a world deal in H1 to signify George Harrison’s publishing catalog.

Highlighting its enterprise improvement actions, BMG says that it “doubled down on its actions within the movie sector”, presenting three documentaries: DIO: Dreamers By no means Die, Angelheaded Hipster: The Songs of Marc Bolan & T. Rex, and Moonage Daydream, the first movie about David Bowie to be endorsed by his property.



Acquisition offers made by BMG for the reason that finish of the half-year interval coated in these outcomes embrace the acquisition of music pursuits in Easy Minds and Jean-Michel Jarre’s publishing catalog, each in July.

BMG additionally introduced its intention to accumulate Germany’s largest impartial document firm, Telamo earlier this month.

Prime recorded music tasks cited by BMG for the half-year 2022 interval embrace Bryan Adams’ So Pleased It Hurts, Jason Aldean’s Macon, Georgia and Alt-J’s The Dream.

Publishing highlights cited by BMG for H1 2022 embrace Blossoms’ Ribbon Round The Bomb, George Ezra’s Gold Rush Child, Placebo’s By no means Let Me Go and Sea Energy’s All the things Was Ceaselessly.

“We anticipate to finish 2022 as we did in 2021 as certainly one of music’s most acquisitive corporations.”

Hartwig Masuch, BMG

Commenting on the corporate’s acquisition technique, BMG CEO, Hartwig Masuch, stated that, “We anticipate to finish 2022 as we did in 2021 as certainly one of music’s most acquisitive corporations”.

He added: “We proceed to place confidence in music’s development prospects, however extra importantly, we imagine our skill to monetize the catalogues we purchase is among the many greatest within the enterprise. We’re not passive buyers. We’re a music firm.”

Commenting additional on whether or not BMG’s sturdy H1 outcomes are the results of the corporate’s acquisition technique,  Masuch famous: “Acquisitions are clearly essential, however to place them in context the outcomes of the previous 18 months of offers in our ‘Increase’ program nonetheless solely account for lower than 3% of income.”

He added: “Shopping for a market place in 2022 requires deep pockets and should you haven’t bought the infrastructure to actually make these offers work, it’s going to clearly be an uphill battle.”


Trying to the second half of the yr, Masuch added that, BMG  has “had an awesome begin to the yr, however the higher information is that this comes earlier than we’ve even had what we imagine would be the 4 largest releases of the yr, certainly one of them but to be introduced.”

H2 2022 will carry new tasks from the likes of 5 Seconds of Summer time, Nickelback and Backstreet Boys.

“The extraordinary factor about our first half result’s that we grew income 25% with nearly no hits.”

Hartwig Masuch

Added Masuch: “The extraordinary factor about our first half result’s that we grew income 25% with nearly no hits.

“That’s as a result of we’ve got a enterprise mannequin which might have hits and could have hits with the suitable repertoire however is designed to be sturdy sufficient to not want hits with a view to survive.

“The highest finish of the charts, the portion most corporations concentrate on, is declining in relevance yearly. Streaming’s Prime 100 accounts for under round 5% of income. I’m not ready to inform the artists and songwriters chargeable for the opposite 95% that we’re not keen on them.”Music Enterprise Worldwide

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