AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

BMG sale will leave its mark: the sale of Bertelsmann's BMG Publishing will have an impact on future deals for others.(EDITORIAL)

Music Week

| June 03, 2006 | Talbot, Martin | COPYRIGHT 2006 CMP Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Some announcements are almost uncannily perfect in their timing.

Rarely has this been more true than Bertlesmann's confirmation last Thursday that it was selling its BMG publishing operation--announced as lounge suits were being buttoned and shoes polished for the publishing industry's annual Ivor Novellos beano.

It was an announcement which sparked plenty of debate--who will make the move, what is the price tag, how will it affect those working with and for the company?

One of the key issues which drives the discussion, in this case, is the fact that, in taking this step, Bertelsmann is taking the industry into previously uncharted waters.

Rarely, if ever, has a publishing business of such scale been put onto the market. Large catalogues are bought and sold all the time, but not such a massive, ongoing publishing operation.

It is also--in the UK, at least--a company which has been on top of its game in recent years, signing and developing some of our biggest talents, including Robbie Williams, Keane and Coldplay.

All of which makes it all the more difficult to assess what value will be attributed to Nick Firth's company, or who will be drawn to make the biggest bid. The margins in ...

Related articles from newspapers, magazines, journals, and more
Research and Markets: Benchmark Future Deals with Approximately 1000 of...
Press release article from: Business Wire June 27, 2005 700+ words
...Oncology Deals -- Maximize Value In Your Future Deals to their offering. Intelligence and...customers to analyze and optimize their future deals in oncology. According to a recent...combination of all of them. Benchmark your future deals with approximately 1000 of the oncology...
IRS Tobacco Audits May Hurt Future Deals, Lawyers Warn.(Brief Article)
Magazine article from: The Bond Buyer Kinnander, Ola May 19, 2000 700+ words
...tobacco settlement bond issues may delay future deals or make them more expensive for issuers...information about a transaction. I think future deals will have a difficult time figuring...surrounded by uncertainty, the market for future deals of that type will be damaged. Also...
Perspectives and Predictions on future deals of Pharmaceutical Mergers and...
Press release article from: M2 Presswire November 9, 2009 700+ words
...2009-Bharat Book Bureau: Perspectives and Predictions on future deals of Pharmaceutical Mergers and acquisitions(C)1994-2009...the future of M&A Gather perspectives and predictions on future deals from the managers who execute them. Compare your deal to...
TAFT ON TRADE MISSION \ 'PLANTING SEEDS' FOR FUTURE DEALS.(News)
Newspaper article from: The Cincinnati Post (Cincinnati, OH) October 14, 2005 700+ words
...Veterans of trade missions say it's a delicate balance between pushing for contracts and patiently laying the groundwork for future deals. Bert Brantley, spokesman for the Georgia Department of Economic Development, said the eagerness of political figures...
Supreme Court Decision Will Alter Structure of Future Deals, Licensing...
Press release article from: PR Newswire January 10, 2007 700+ words
...competitor, even though MedImmune continues to pay royalties to Genentech. "This decision will alter the structure of future deals," said Allen Baum, President of the Licensing Executives Society, USA & Canada (LES). "It changes the rules...
United States : Chesapeake GIP JV may signal future deals.
News wire article from: TendersInfo September 30, 2009 700+ words
...developing midstream energy assets. And, according to Stifel Nicolaus & Co. analyst Michael Hall, GIP may pursue future deals with Chesapeake as the gas producer's other holdings mature. "The new JV also provides a vehicle for future midstream...
US Supreme Court decision "will alter structure of future deals".
Newspaper article from: Pharma Marketletter January 22, 2007 700+ words
...despite MedImmune continuing to pay royalties (Marketletter January 15). "This decision will alter the structure of future deals," said Allen Baum, president of the Licensing Executives Society, USA & Canada (LES), noting that "it changes...
Future Deals: California HFA Prepares to Jump Into Swap Market.
Magazine article from: The Bond Buyer McDonald, Michael March 29, 1999 700+ words
The California Housing Finance Agency has picked Swap Financial Group as financial adviser to help it begin using municipal derivatives in its debt management. The state agency, which finances loans for first-time homebuyers, is one of the nation's most active housing authorities, carrying a debt
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA