TORONTO (CelebrityAccess MediaWire) — ole and BMG Rights Management GmbH have signed an exclusive
multi-year reciprocal deal, which will see the companies generate creative
opportunities for each others' copyrights in their respective territories.
The synergies between the two companies are extensive. Both are committed to
being top-tier global, full-service music publishers with a strong focus on
creative development and strategic acquisitions.
ole Chairman and CEO, Robert Ott, says of the reciprocal service
arrangement, "ole recently reached the threshold of becoming a medium-sized
player in global music publishing. Our ascent to the next level will be
founded on partnership-oriented thinking. With a very experienced executive
and team, BMG has shown that its collaborative and artist-oriented approach
is a success, and we look forward to a fruitful relationship. We wanted to
work with a company that had a similar focus on service and adding value
creatively and have found both in BMG."
BMG Rights Management CEO, Hartwig Masuch, says "Having known Robert and his
team for a long time, I believe this is a perfect match and will deliver
convincing opportunities for ole's and our writers." –by CelebrityAccess Staff Writers