Owner(s):

• Bertelsmann owns a 50 percent stake in Sony BMG
• Sony BMG is a joint venture of the recorded music divisions of Bertelsmann and Sony Corp, which also owns Sony/ATV, home of the publishing catalogs of the Beatles and Michael Jackson.
• Schmidt-Holtz owns a large share in the business

History of Institution:

• Bertelsmann recently sold BMG Music Publishing to Universal Music Group for $2 billion.
• Sony Music and BMG say they plan to combine their music units in a move that could trigger further consolidation as the industry grapples with weak retail sales, online file-sharing and fierce competition with other forms of entertainment.

Texts It has Produced:

SONY BMG Music Entertainment UK & Ireland is part of one of the largest music and entertainment companies in the world. It has a broad array of local artists and international superstars, as well as a vast catalogue comprising of some of the most important recordings in history.

They have been involved with many artsist such as, Michael Jackson, Jennifer Lopez, Alicia Keys and many more.