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The international media company Bertelsmann is delighted to celebrate the latest signing of its music subsidiary, BMG , which is to represent the publishing interests of rock legend and songwriter Roger Waters. Waters has signed the songs he wrote for the world renowned group, Pink Floyd, from their very first album, “Piper At The Gates Of Dawn,” through such legendary albums as “The Dark Side Of The Moon,” “Wish You Were Here,” “Animals,” “The Wall,” to “The Final Cut.”
“This is another major milestone for Bertelsmann and BMG,” said Thomas Rabe, Chairman and CEO of Bertelsmann. “We warmly welcome Roger Waters to Bertelsmann. Our company has always been a home for the greatest creative talent in music, literature, journalism and film.”
BMG CEO Hartwig Masuch added: “Few artists can claim to have had such a dramatic and long-lasting impact on popular music culture as Roger Waters. We’re immensely proud that an artist with his longevity, track record and creative achievement has chosen BMG.”
After withdrawing from the traditional music business in 2008, Bertelsmann established the new BMG with a unique digital-age business model focused on the needs of artists and songwriters. Less than eight years later, and already No. 4 in the music rights market, BMG ranks among the top global music companies. At Bertelsmann, BMG has recently become an independent division with a presence in all major global music markets as it continues on its expansionist course. Bertelsmann sees music and in particular the management of music rights as one of its strategic growth platforms.
Bertelsmann is a media, services and education company that operates in about 50 countries around the world. It includes the broadcaster RTL Group, the trade book publisher Penguin Random House, the magazine publisher Gruner + Jahr, the music company BMG, the service provider Arvato, the Bertelsmann Printing Group, the Bertelsmann Education Group, and Bertelsmann Investments, an international network of funds. The company has 117,000 employees and generated revenues of €17.1 billion in the 2015 financial year. Bertelsmann stands for creativity and entrepreneurship. This combination promotes first-class media content and innovative service solutions that inspire customers around the world.