EC approves BMG acquisition of Mute and Sanctuary catalogues
BMG has concluded the acquisitions of two sets of catalogue masters from Universal Music - Mute and Sanctuary.
The two buyouts have now been fully approved by the European Commission. Both were divestments from UMG’s acquisition of EMI Music last year, at a total cost to BMG of around £40m.
The Mute catalogue includes master recordings from such artists as Depeche Mode, Nick Cave, Goldfrapp and Yazoo.
The Sanctuary Records catalogue of 170,000 recordings contains works by the likes of ...
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