BMG and TV production and distribution company Fremantle have extended their global partnership.
Fremantle is owned by RTL Group, which is 76% owned by BMG parent Bertelsmann.
The extended deal includes a global music publishing and administration agreement for Fremantle’s catalog, as well as an agreement with BMG’s production music business which, in addition, has been expanded to a now global partnership.
Additionally, Fremantle will continue to benefit from BMG’s royalty portal, myBMG.
Fremantle’s catalog of more than 15,000 owned and co-published music copyrights, includes music featured in shows such as American Gods, The Price Is Right, Family Feud, The Apprentice, Take Me Out, Grand Designs, Neighbours, and Wentworth.
BMG is the exclusive music partner to Fremantle’s long-running Australian soap Neighbours (pictured) under which BMG provides repertoire from both its publishing and recordings rosters within the show.
In addition, BMG also administers Fremantle’s German subsidiary UFA’s music publishing catalog as part of a separate agreement.
Fremantle reports to have to grown its music publishing revenue by 12% since 2017.
“We have grown our music catalog significantly over the past three years and BMG have been a proactive partner, helping to maximise our music publishing revenue.”
Steve Euesden, Fremantle Media
Steve Euesden, Music Publishing Manager at Fremantle Media, said: “We have grown our music catalog significantly over the past three years and BMG have been a proactive partner, helping to maximise our music publishing revenue.
“Our agreement with BMG Production Music has been a valuable resource to our production and creative teams, and this renewed and now global partnership will create further opportunities to work together across Fremantle’s network of international production territories.”
“We anticipate immense benefit from the extension of the deal and are confident that our partnership can become even more successful under the renewed agreements.”
Alistair Norbury, BMG
Alistair Norbury, BMG, President Repertoire & Marketing UK, added: “We are excited to deepen our relationship with creative powerhouse Fremantle.
“We anticipate immense benefit from the extension of the deal and are confident that our partnership can become even more successful under the renewed agreements.”
“We are delighted to continue our partnership with our sister company and extend the range and depth of the relationship.”
Dan Pounder, BMG Production Music
Dan Pounder, EVP & Commercial Director at BMG Production Music, said: “We are delighted to continue our partnership with our sister company and extend the range and depth of the relationship.
“We are working to enhance our creative services and exploitation of the joint venture library increasing the revenue opportunities for Fremantle and enhancing how we can service the deal including the better use of technology and smart marketing.”Music Business Worldwide