Summary

The tie-up creates a scaled publisher and catalog company with an estimated $2 billion in revenue that will be majority owned by BMG parent company Bertelsmann. In one of the biggest music mergers in more than a decade, BMG, which represents artists like Jelly Roll and Lainey Wilson , and Concord, owner of songs by Creedence Clearwater Revival , Phil Collins and R.E.M. , said on Tuesday (April 28) they reached a definitive agreement to merge companies under the BMG name.

AI summaries can be wrong sometimes—always verify important details using the source article.