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BMG to Buy Rest of Zomba, The Home Of Pop Stars.
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- Author(s): Holson, Laura M.
- Source:
New York Times. 6/12/2002, Vol. 151 Issue 52147, pC1. 0p. 1 Color Photograph.
- Subject Terms:
- Additional Information
- Subject Terms:
- Abstract:
Reports that BMG Music, a division of German media giant Bertelsmann AG, agreed to acquire the rest of the Zomba Music Group. Value of the transaction, which will increase BMG's profile in the music industry; Background on BMG Music, including the stake it acquired in Zomba's music publishing division; How BMG Music will add an array of pop stars with Zomba's Jive label; BMG Music's acquisition of the Provident Music Group, publisher of contemporary Christian music.
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