BMG parent benefits from acquisitions in Q1 2014
BMG parent Bertelsmann posted an 8.5% revenue rise in Q1 2014, benefitting from a number of big acquisitions.
The company acquired 100% of BMG in March last year and, outside of music, its Random House publishing company merged with Penguin.
BMG itself also acquired Dutch publisher Talpa Music during the reported period.
Overall revenues went from €3.6 billion in the previous year to €3.9 billion in the first quarter this year.
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