BMG said on Friday (Aug. 28) that its revenue for the first six months of the year rose 5% to 444 million euros ($518.7 million) due to growth in recorded music streaming subscriptions.
The German-owned music company said its earnings before interest, tax, depreciation and amortization (EBITDA) rose 4% to 127 million euros ($148.4 million), for a 29% EBITDA margin. Adjusted operating EBITDA also hit 127 million euros, having risen 42% since 2023, the company said.
Related
What Every Music Company Made in Q2 2026 (Updating)
Dale Morris, Nashville Manager Who Guided Careers of Alabama & Kenny Chesney, Dies at 89
HYBE Pledges Over $300k for Colombia Earthquake Recovery
BMG acquired some 14 publishing and recorded music assets in the first six months of the year, making this its biggest investment in music rights during the company’s history. BMG, which in April announced plans to acquire Concord in a deal that includes $1.16 billion in cash, said it has invested $1.8 billion in music rights catalogs since 2021 through parent company Bertelsmann’s Boost program.
“Our first-half results reflect the strength of the business we have built over the past several years,” BMG CEO Thomas Coesfeld said in a statement. “We have become a more focused, more profitable, digital-first business — one that is better able to invest in artists, songwriters, and music rights for the long term. Sustained organic growth, record profitability, and our highest-ever first half investment in music rights give us a strong foundation for the opportunities ahead.”
Acquisitions this year included rights from Jelly Roll, Fuji Music Group (which includes works associated with John Lee Hooker, Hal David, and Chess Records), Snap! co-founder Luca Anzilotti and Jet.
Coesfeld said BMG is using artificial intelligence “at scale across BMG to better serve our clients and rights-holders by connecting music with the right audiences, deepening fan engagement, driving revenue opportunities, and improving productivity.”
Related
Heads of BMG, Concord Talk Major Indie Merger: ‘We Have a Very Clear Vision’
BMG uses AI and data to sharpen its marketing, fan-focused strategies and to better monetize its catalog by identifying the best audiences to target. AI is also used to create and deliver “Motion Art for Apple Music.”
Across its recorded music, publishing and catalog, BMG represents more than three million songs and recordings including Tina Turner, Jason Aldean, Jelly Roll and Paul Simon. For the first six months of the year, catalog performance was led by “Blue” by young kai, “What Is Love” by Haddaway, and “Lost On You” by LP.
BMG reiterated that its acquisition of Concord is on track pending regulatory approval. The ultimate combined company would be 67% owned by Bertelsmann, BMG’s parent company, and 33% owned by affiliates of Great Mountain Partners, a private markets investment firm that has long invested in Concord through a fund that manages money from Michigan Retirement Systems and Great Mountain’s management team
“Together with Concord, we will have greater scale, broader capabilities, and increased capacity to invest in artists and songwriters, strengthen the support we provide creators and partners and create greater long-term value from music rights,” Coesfeld said.
Billboard used an average six-month U.S. dollar to Euro conversion rate of 1.1682224299.
Hence then, the article about bmg sees 5 percent revenue rise in first half of 2026 was published today ( ) and is available on billboard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( BMG Sees 5 Percent Revenue Rise in First Half of 2026 )
Also on site :
- Inside ‘Married at First Sight’ Season 20: How Peacock’s Changes Led to 1.8 Billion Minutes Viewed, That Wild Reunion and Why Lindsay Hubbard Said No to the Show
- ‘Big Brother’ Season 28, Week 7 Eviction: A Celebration Of 1,000 Episodes & Another Houseguest Is Voted Out
- Stuart Fails To Save The Universe Cast Talks Cow Stomachs, Free-Fall Stunts — Plus, Big Bang Theory Star Returns In Episode 6