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Sony BMG Music Entertainment was an American record company owned as a 50–50 joint venture between Sony Corporation of America and Bertelsmann. The venture's successor, the revived Sony Music , is wholly owned by Sony , following their buyout of the remaining 50% held by Bertelsmann .
Columbia House was an umbrella brand for Columbia Records' mail-order music clubs, the primary iteration of which was the Columbia Record Club, established in 1955. The Columbia House brand was introduced in the early 1970s by Columbia Records (a division of CBS, Inc. ), and had a significant market presence in the 1970s, 1980s and early 1990s.
BMG logo used from 2002 to 2004. Sony BMG logo used from 2004 to 2008. In August 2004, Sony entered a joint venture with an equal partner Bertelsmann, by merging Sony Music and Bertelsmann Music Group, Germany, to establish Sony BMG Music Entertainment. [40]
Date/Time Thumbnail Dimensions User Comment; current: 04:43, 25 May 2015: 400 × 100 (33 KB): Wdwdbot: Bot Move: Original uploader of this revision (#3) was Shaddim at de.wikipedia: 04:43, 25 May 2015
Sony Music and BMG remained separate in Japan, although BMG Music Japan was wholly owned by Sony BMG. On 27 March 2006, the New York Times reported that Bertelsmann was looking to raise money by leveraging some of its media assets and that executives from both companies were in talks about possibly altering the current venture.
BMG was founded in October 2008 after Bertelsmann sold its stake in Sony BMG to Sony. [5] From 2009 to 2013, the investment firm KKR held 51% of the company, which became one of the world's largest music publishers during that time. [6] [7] BMG is 100% owned by Bertelsmann and one of the group's eight business divisions. [8]
After the Sony-BMG merger, LaFace Records was eventually revived; the label was now fully owned by Sony-BMG and began operating as part of the Jive Label Group. During the summer of 2011, the RCA Music Group underwent a restructuring that saw the elimination of the Arista name later on that year, along with sister labels J Records and Jive. [13]
RCA Records is an American record label.Since 2008, it has been owned by Sony Music Entertainment, a subsidiary of Sony Group Corporation.. RCA Records is one of Sony Music's four flagship labels, alongside RCA's former long-time rival Columbia Records; also Arista Records, and Epic Records.