Wednesday, 09 April 2014 00:00

BMG Acquisitions

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More news from the folks at BMG: the German “rights management” group (distinctly not just a publisher) has recently made a series of potentially lucrative acquisitions. According to the company, they have acquired “legendary dance music labels Skint Records and Loaded Records,” which reportedly include “Fatboy Slim’s multi-million selling catalogue of recordings.”

Parent label Loaded, was founded in 1990 as an organization to represent the emerging British house-music scene. Five years later the company formed sister label Skint to spearhead the “Big Beat” sound with albums from “Fatboy Slim, Lo Fidelity Allstars, and Bentley Rhythm Ace.” Together, says BMG, Loaded and Skint “have rights to 2,500 tracks and have generated sales of more than 10 million albums and 15 million singles.”BMG

The deal reportedly includes “worldwide rights excluding North America to five Fatboy Slim albums including the seminal You’ve Come A Long Way Baby which achieved platinum status in the US and UK and featured the number one single ‘Praise You.’”

BMG also notes that Fatboy Slim has “twice been honoured with BRIT Awards, won nine MTV Awards,” and a Grammy -- among other accolades. Skint Records however, also controls tracks from successful artists like Xpress 2, and Freemasons.

You can read the rest of the story -- including comments from BMG’s EVP Alexi Cory-Smith -- sign up for their newsletter, and follow other developments from their website!

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