Prisa Sells Music Catalogues to Bertelsmann
Prisa Radio has sold the music catalogues of its record labels, Nova and Lirics & Music, through which it has the usage rights to some of the most popular Spanish pop songs in history, to Bertelsmann.
Prisa now has the rights to successes from the 80s and 90s like 'Macarena' (Los del Río), ‘Y Cómo Es Él’ (José Luis Perales), ‘A Quién Le Importa’ (Alaska), ‘Ni Tú Ni Nadie’ (Alaska), ‘Bailar Pegados’ (Sergio Dalma), ‘Cuando Brille El Sol’ (La Guardia), ‘Como Yo Te Amo’ (Raphael), ‘20 De Abril’ (Celtas Cortos), ‘Bienvenidos’ (Miguel Ríos) and ‘Lobo Hombre En París’ (La Unión), among others.
The collection also features more recent hits, like ‘Devuélveme La Vida’ (Antonio Orozco), ‘Sueño Su Boca’ (Raúl), ‘Estoy Hecho De Pedacitos De Ti’ (Antonio Orozco), ‘Cántame’ (María del Monte) and ‘Tractor Amarillo’ (Zapato Veloz).
Our investment in these Spanish classics is a reflection of our commmitment to the local market, as well as the Latin American, in the long term, for the creation of truly international music.
BMG's delegated advisor, Hartwig Masuch, confirmed the acquisition: "we are delighted to reinforce BMG's presence in Spain with the acquisition of the Nova and Lirics & Music catalogues. Our investment in these Spanish classics is a reflection of our commmitment to the local market, as well as the Latin American, in the long term, for the creation of truly international music. We eagerly await subsequent development of our relationship with Prisa, the largest Spanish-language radio group in the world."
Daniela Bosé, general director of BMG Spain and Portugal, commented: "this purchase is a milestone for BMG that reinforces its position as one of the most important music companies in the Spanish language. In the recent years we have reached agreements with the most celebrated artists like Pablo Alborán, Miguel Bosé and Nacho Cano, all while betting on emerging talent as well. These two historic catalogues will contribute even more to our presence in the market."
Bertelsmann created BMG in 2008 along with a music label under the same name. Today it is present in nine markets and has the rights to two million songs and recordings, including Chrysalis, Bug, Virgin, Mute, Sanctuary, Primary Wave and Talpa Music's catalogues, as well as those of thousands of artists and authors that are attracted to the company's innovative vision.