In a statement on Thursday, BMG, owned by
German media company Bertelsmann AG, said the acquisition, for
which it did not disclose financial details, was the biggest
single deal it had done in France. It includes rights for
Jarre's famed 1970s albums "Oxygene" and "Equinoxe" and his
writer’s income stream.
It also follows BMG's previous acquisition of sound recordings
of Jarre’s first three albums when the company bought record
label Francis Dreyfus Music in 2012.
"Jean-Michel Jarre is not only a ground-breaking pioneer in
electronic music, he is a polymath and a shining ambassador for
culture and internationalism," BMG Chief Executive Hartwig
Masuch said.
"Nearly fifty years after Oxygene burst upon the world, we are
delighted to build on our longstanding relationship to become
custodians of his music publishing rights."
Jarre, who has sold 85 million records, is known for his
striking sound and light concerts, performed against spectacular
backdrops including Paris' Eiffel Tower and the pyramids in
Cairo. At times, his shows have attracted huge audiences,
including 3.5 million spectators at his 1997 Moscow concert.
"This partnership with BMG means a lot to me... I am pleased
that my publishing back catalogue is sheltered here in Europe
and that my work will continue to grow in such good hands,"
Jarre said.
"Today is a new start allowing me to develop fresh ideas and
giving me the means to explore new territories."
In the past year, Justin Timberlake, Sting and Tina Turner are
among the music artists who have struck deals for their work.
(Reporting by Marie-Louise Gumuchian; Editing by Raissa
Kasolowsky)
[© 2022 Thomson Reuters. All rights
reserved.]
This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|