BMG Rights Management to buy Cherry Lane Music Publishing

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According to the FT, BMG Rights Management is negotiating to buy Cherry Lane Music Publishing. The deal is reportedly worth $85 to $100 million.

About BMG Rights Management

BMG Rights Management (Berlin) is a music rights management company and a joint venture between the international media company Bertelsmann and the global private equity firm KKR.

Contacts: Hartwig Masuch, Chief Executive Officer: Laurent Hubert, Chief Operating Officer – North America:   John Dobinson, Chief Operating Officer Europe. Management team

About Cherry Lane Music Publishing

Founded in 1960 by producer, arranger and orchestrator Milton Okun, Cherry Lane Music Publishing are independent music publishers. Headquartered in New York City with a staff of 70. The Cherry Lane roster of songwriters and composers includes The Black Eyed Peas,, John Legend, Quincy Jones,  John Denver and Elvis Presley.

Counts: Milton T. Okun, Founder: Peter W. Primont, Chief Executive Officer: Dan Lieblein,  Chief Financial Officer Management team

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