Business & Finance
BMG reports 5 percent revenue rise in first half of 2026
The German-owned music company posted 444 million euros in revenue, driven by growth in recorded music streaming subscriptions.
The short version
- BMG's revenue rose 5% to 444 million euros ($518.7 million) in the first six months of 2026.
- The company secured 14 publishing and recorded music assets during the period, representing its largest-ever investment in music rights.
- BMG's planned acquisition of Concord remains on track, pending final regulatory approval.
Key facts
- BMG's first-half revenue reached 444 million euros ($518.7 million), up 5% from the prior year, driven by recorded music streaming subscription growth.[Billboard]
- Earnings before interest, tax, depreciation, and amortization (EBITDA) increased 4% to 127 million euros ($148.4 million), maintaining a 29% margin.[Billboard]
- The company completed its largest music rights investment in its history by acquiring 14 publishing and recorded music assets during the first half of the year.[Billboard]
- Recent music rights acquisitions included assets from Jelly Roll, Fuji Music Group, Jet, and Luca Anzilotti.[Billboard]
- BMG confirmed that its acquisition of Concord is on track, with the final merged entity set to be owned 67% by Bertelsmann and 33% by Great Mountain Partners affiliates.[Billboard]
What remains uncertain
- The completion of the Concord acquisition remains pending regulatory approval.[Billboard]