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From Wikipedia, the free encyclopedia

Imagem Music Group
Imagem logo.png
Parent companyConcord Music
Founded2008
Country of originNetherlands
Headquarters locationHilversum and London
Key peopleAndré de Raaff, Denis Wigman, John Minch, Kent Hoskins, Bill Gaden
Official websiteimagem.com

Imagem Music Group is a Dutch music publisher. The company was founded in 2008 by the Dutch firm Stichting Pensioenfonds ABP, one of the world's largest pension funds, in conjunction with the independent publisher and media company CP Masters BV. It began by acquiring music publishing rights in a number of catalogues sold by Universal Music Publishing Group after its acquisition of BMG Music Publishing, such as Rondor, Zomba, BBC and 19 Music; the sale was worth 140 million euros (US$221.5 million).[1] These were sold by Universal after the European Commission ordered the sell-off as a condition of its merger with BMG's publishing arm. This was followed by acquiring the world's leading classical music publishing company Boosey & Hawkes in 2008 and Rodgers & Hammerstein Organization in 2009.

On June 2, 2017, Concord Music announced that it would acquire Imagem for $500 million. The deal included 250,000 compositions, and tripled Concord's number of publishing copyrights.[2]

Highlights from Imagem's pop catalogue include Nik Kershaw, Phil Collins, Genesis, The Temper Trap, M.I.A., Pink Floyd,[3] Vampire Weekend, Dire Straits and Daft Punk; as well as some European rights to Linkin Park and Justin Timberlake. Imagem has offices in the Netherlands, London, New York, Los Angeles and Berlin.

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Transcription

Contents

Boosey and Hawkes

Boosey & Hawkes was sold to Imagem in April 2008 for £126m by its private equity owner, HgCapital. The sale was one of the world's largest of classical music. Hg Capital took Boosey & Hawkes off the stock exchange in 2003 for £75m. Under its ownership, the group made six acquisitions in new areas like tango and jazz. Revenues from supplying music for advertising and film were increased, and printing and distribution outsourced.[4]

Rodgers and Hammerstein

In 2009, the estates of Richard Rodgers and Oscar Hammerstein II sold the rights to songs and musicals, including South Pacific, The Sound of Music and Oklahoma!, to Imagem Music Group. The sale transferred power over one of America's most famous song catalogs and the licensing rights for future productions of the musicals, which had been controlled by the Rodgers & Hammerstein Organization, a Manhattan-based company. As part of the deal, Imagem acquired the Rodgers & Hammerstein Organization and retained its management.[5]

References

  1. ^ "1-Pension fund ABP buys music assets in $250 mln deal".
  2. ^ https://www.musicbusinessworldwide.com/concords-500m-purchase-of-imagem-marks-the-birth-of-a-major-player-in-music/
  3. ^ http://www.musicbusinessworldwide.com/pink-floyd-sign-global-publishing-deal-with-imagem/
  4. ^ "Imagem trumpets Boosey & Hawkes buy".
  5. ^ "Rodgers and Hammerstein Catalog Sold".

External links


This page was last edited on 9 November 2018, at 01:47
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