June 17, 2009

By By Ed Christman, N.Y.

ole and BMG Rights Management GmbH have signed an exclusive multi-year deal to generate creative opportunities and represent each other's copyrights in their respective territories of North America and Europe.

ole chairman and CEO Robert Ott says of the reciprocal service arrangement, ?ole recently reached the threshold of becoming a medium-sized player in global music publishing. Our ascent to the next level will be founded on partnership-oriented thinking. With a very experienced executive and team, BMG has shown that its collaborative and artist-oriented approach is a success, and we look forward to a fruitful relationship. We wanted to work with a company that had a similar focus on service and adding value creatively and have found both in BMG.?

BMG Rights Management CEO Hartwig Masuch says, ?I believe this ...will
deliver convincing opportunities for ole?s and our writers.?

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