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Company type | Joint venture |
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Industry | |
Predecessors | |
Founded | August 6, 2004 |
Defunct | October 1, 2008 |
Fate | Bertelsmann's share acquired by Sony |
Successors | |
Headquarters | , U.S. |
Key people | David Gordon (chairman, Sound & Vision) |
Products | Music |
Owners | Each of 50% owned by: |
Website | "http://sonybmg.com/". Archived from the original on January 1, 2006. |
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. BMG was instead rebuilt as BMG Rights Management on the basis of 200 remaining artists.