BMG Purchases Virgin's HUGE Song Vault, Rights To Nirvana & Iggy Pop

Nirvana, Kurt Cobain, grunge, 90sNirvana, Iggy Pop, and ’80s classics head to BMG.

Photo: Flickr / Carlos Andrés Restrepo

The world’s fourth-largest music publishing company just got a little bit bigger.Bertelsmann Music Group (BMG) has signed a deal to gain rights to selected music catalogues from Virgin Music Publishing, Famous U.K. Music Publishing, and titles from Sony/ATV and EMI Music.

As a result, BMG now has access to Virgin’s some 21,000 song catalogue featuring Nirvana, Duffy, and Iggy Pop. 

The deal is a result of Sony/ATV’s earlier $2.2 billion purchase of EMI’s publishing segment this summer

Though specific monetary details of the transaction haven’t been revealed, it’s thought the purchase is in the area of $90 million.

Back in September, The Hollywood Reporter reported Sony/ATV Music Publishing was auctioning off the rights to Virgin’s music catalogue for an estimated $150 million.

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