Music publisher Chrysalis sold to BMG
News: 30th November 2010 by Louise Dodgson under Music Publishing
Last week , Chrysalis boss Chris Wright finally agreed to sell his publishing company to BMG Rights Management for £107 million. Wright set up the company 42 years ago and it's catalogue includes songs by a bevy of artists including David Bowie, Michael Jackson, Damon Albarn, Blondie, Coldplay, and Thom Yorke. Wright will now be consulting as a non-executive UK chairman at BMG on their supervisory board.
Related Links
http://www.guardian.co.uk/media/2010/nov/26/chrysalis-takeover-bmg-bertelsmann
http://www.guardian.co.uk/business/2010/nov/26/chysalis-music-publisher-sold-to-bmg
Tags
chrysalis, music publishing, music licensing, music royalties, bmg