BMG has acquired the song rights of Jean-Michel Jarre. The company already controls the electronic musician’s recordings, having acquired the Francis Dreyfus Music record label a decade ago.“Jean-Michel Jarre is not only a ground-breaking pioneer in electronic music, he is a polymath and a shining ambassador for culture and internationalism”, says BMG CEO Hartwig Masuch. “Nearly 50 years after [1976 album] ‘Oxygene’ burst upon the world, we are delighted to build on our longstanding relationship to become custodians of his music publishing rights”.Jarre adds: “This partnership with BMG means a lot to me.
Hartwig Masuch and the entire team have been part of my family for many years. Moreover, I am pleased that my publishing back catalogue is sheltered here in Europe and that my work will continue to grow in such good hands.
Today is a new start allowing me to develop fresh ideas and giving me the means to explore new territories. Together we will thrive”.The deal is the biggest that BMG has ever done in France, and follows another agreement announced earlier this week to acquire the song rights and recording royalties of Simple Minds.
It also comes as the FT reports that the company has committed $1 billion to acquire further music rights over the course of this year..
Read more on completemusicupdate.com
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