BMG CEO Hartwig Masuch says the purchase marks a point where the organisation can now start to compete with the major publishers and stresses he does not want BMG to be seen solely as a collector of catalogues and companies, but also as "indentifying and supporting new talent".
His announcement marks a dramatic change in policy for the German company and its owners, media group Bertlesmann and KKR private equity, which has been vocal about taking advantage of the fall ...
To access this article you need to be a subscriber. If you are a subscriber login below.
Login NowIf you have previously taken a trial you will need to subscribe to access this article.
Subscribe Now