Company Information Discounts Labels & Publishers
By Chris Cooke | Posted on Thursday 4 August 2022
BMG is obtaining Germany’s biggest unbiased report label Telamo, a top participant in German Schlager songs.
It is the recent iteration of BMG’s largest single label acquisition to day in its residence region of Germany, and on a world-wide foundation its most significant label financial commitment considering that the acquisition of Nashville-primarily based country label BBR Tunes Group in 2017.
Telamo’s present workforce will continue to be in position when the deal is finished, with co-founder Ken Otremba as Taking care of Director. In the meantime his other co-founders – Kathleen Herrmann and Marko Wünsch – will go on to act as consultants for the label.
Confirming the offer, Otremba claims: “Since our inception, our intention has been to build the optimum and most fashionable conditions for our artists. We are happy and fired up now to welcome our artists to a brand name-new chapter. Telamo will keep its former partnerships but will now offer you access to more possibilities – equally domestic and international”.
In the meantime BMG’s EVP Repertoire & Promoting Continental Europe, Maximilian Kolb, provides: “Over the course of the previous 10 decades, Telamo has skillfully taken Schlager into the electronic age. We are THRILLED to welcome Telamo’s excellent artists and of course its staff. BMG and Telamo share the exact values of regard for artists. The mix of the two of us will have a important effect on the German language audio market”.