Tag: Sanctuary Records

BMG to acquire Sanctuary records

15-02-2013 @ 21:23

Music rights management company BMG has announced it has signed a binding agreement to acquire Sanctuary Records from Universal Music.

The proposed sale, which is subject to regulatory approval by the European Commission (EC), forms part of a series of divestments mandated by the EC following Universal's purchase of EMI Records.

BMG CEO Hartwig Masuch said, "We are delighted to have won the opportunity to work with the exceptional line-up of artists in the Sanctuary catalogue. We have made no...

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