Vivendi Universal Music Group To Buy BMG Music Group

Vivendi Universal Music Group has won the bid to buy Bertelsmann's BMG's Music Publishing Group for $2.1 billion. If approved by USA and European antitrust officials it will add 1 million copyrights to Vivendi's 1 million copyrights, making them the largest music copyright holder in the world.

Vivendi will still have copyright competition for songs played on the radio from Warner/Chapell and Sony/ATV. (Bertelsmann)