All posts tagged Cherry Lane Publishing

Know Your Rights…

Who's Next?

Over the last year BMG Rights Management, the publishing entity backed by German media giant Bertelsmann (who recently celebrated its 175th anniversary) along with investor KKR, has been busy buying catalogs and publishing companies in Europe and increasingly in the U.S.. So far acquisitions in the U.S. include Crosstown Songs America, Adage IV and Cherry Lane Music Publishing – the latter being their largest acquisition to date. Speculation of the company’s interest in EMI Music Publishing has continued to varying degrees for nearly as long as the new entity has existed, but with Terra Firma‘s recent inflow of investor cash, some are questioning whether action will be taken any time soon. Regardless of a move on EMI, insiders share that BMG RM will continue its aggressive acquisitions, with a particular eye on prominent independent publishers… Elsewhere KKR has had its own spotlight recently, with multiple reports of their interest in talent powerhouse CAA and a new listing on the New York Stock Exchange beginning next week, analysts perceive eagerness among U.S. investors for the firm’s arrival. Stay Tuned…

In Case You Missed It: Reading Recap

Acquires Cherry Lane Publishing - Eyeing EMI

One of the latest wrinkles in the unfolding tale of Terra Firma and EMI comes this week with a report that the struggling music company is in talks with competing major labels to license portions of its catalogue…  Universal Music followed up with a denial that it was speaking with the music company, while as rumored here, Bertelsmann and KKR‘s BMG Rights Management expressed that it is indeed interested in EMI’s assets. In related news, the newly launched publishing company made its largest acquisition to-date by purchasing Cherry Lane Publishing… In what could be interpreted as another step toward ISP bundled music subscriptions, AT&T announced a new music “experience” that will combine song downloads, streaming radio, lyrics and more in a single mobile application for subscribers… Next Big Sound compiled social media data to find the fastest rising bands at the SXSW music festival last week, and it was announced that online radio would be closing its doors.