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BMG’s Mute and Sanctuary acquisitions complete

By | Published on Thursday 2 May 2013

BMG

BMG has confirmed that its acquisition of the Mute and Sanctuary catalogues has been completed after the transaction got the nod from European regulators. The two sound recording archives were sold as part of the EC regulator conditions placed on Universal’s purchase of the EMI record company. Mute was previously part of EMI, while Universal had owned the Sanctuary catalogue since 2007.

Confirming its acquisition of the two catalogues was now complete, BMG boss Hartwig Masuch told CMU: “These acquisitions are a significant step forward for BMG. Now the real work begins – to demonstrate to artists, writers and clients that their faith in us is justified. We remain committed to delivering on our promise to create a modern new artist-centric alternative to the legacy music companies”.



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