BERLIN (VIP-NEWS) — BMG is the most successful music publisher of 2014 in Germany, based on its market share of 18.05%, according to the official German Top 100 singles chart.
The achievement comes just six years after the launch of the Bertelsmann-owned international rights management company, and is more than double the 7.7% share BMG scored in 2013.
The year-end figures, compiled by research company GfK Entertainment are based on publishers’ shares of the German Top 100 singles chart.
BMG’s artists and writers held 11 Top 5 positions in 2014, including five No.1 hits. Successes included George Ezra’s Budapest, which made it to No.1, stayed seven weeks in the Top 10 and 41 weeks in the charts with over 300,000 sold units, and Adel Tawil and co-writer Sebastian Kirchner’s Lieder, which stayed seven weeks in the Top 10, 40 weeks in the charts and sold 200,000 units in 2014 alone.
BMG’s chart success reflects its strength in domestic German repertoire, which accounted for almost 60% share of the Top 100 singles chart.
The same trend is also displayed in the official Top 100 longplay chart market – where BMG German artists and writers were involved in 14 No.1 albums.
BMG managing director GSA Maik Pallasch said: “This milestone is a reflection first and foremost of the success and creativity of our artists and writers. We thank them for their artistry and belief.”
BMG CEO Hartwig Masuch said: “To achieve market leadership from a standing start in just six years is unprecedented. Maik and his team have impressively demonstrated that BMG can compete with even the biggest and most-established industry players.”