BMG Sees 5 Percent Revenue Rise in First Half of 2026
The company, which announced in April it will acquire Concord, said it has invested a record amount into music rights catalogs.
BMG reported a 5% increase in revenue for the first half of 2026, reaching 444 million euros ($518.7 million). Earnings before interest, tax, depreciation and amortization (EBITDA) grew 4% to 127 million euros ($148.4 million), resulting in a 29% EBITDA margin. Adjusted operating EBITDA increased by 42% since 2023. During the same period, BMG acquired 14 publishing and recorded music assets, the largest investment in music rights for the company's history.
CEO Thomas Coesfeld stated that the company has become more focused, profitable, and digital-first, with a strong foundation for future opportunities. AI is being utilized across BMG to serve clients, rights-holders, and improve productivity. The acquisition of Concord is on track, pending regulatory approval, and the combined company would be 67% owned by Bertelsmann.
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