Germany’s music publishing panorama transforms through €10m+ acquisition: Roba groups with fund to purchase GERIG

The music trade hasn’t been in need of eight-figure ($10m+) acquisition offers prior to now week.

First BMG swooped for Germany’s largest impartial document label, Telamo. Then Harmony introduced it had acquired Australia-born music writer, Native Tongue, down below.

Immediately, one other headline-worthy acquisition within the eight-figure vary arrives, because it’s introduced that German music writer, ROBA, has teamed with AP Music Royalties Fund to amass the catalog of German music writer, GERIG.

The deal value isn’t being formally disclosed, however sources near the transaction have confirmed to MBW that it sits within the EUR €10 million to €20 million vary.

Based in 1946, GERIG consists of greater than 20 separate owned and administered music publishers. It homes roughly 30,000 songs and hundreds of grasp rights.

For a lot of many years GERIG Music Publishing was the main music writer in Germany and had a workforce of greater than 80 folks in Cologne.

The GERIG catalog consists of plenty of evergreens in Germany, together with a few of the largest hits from the Oktoberfest and plenty of German carnival and get together songs.

Among the many owned and administered works represented are well-known pop rock songs like “Verdammt lang her” plus GDR hits like “Über sieben Brücken musst Du gehen”, “Der blaue Planet”, “Melodie D’amour”, and “Du hast den Farbfilm vergessen”.

Main German-speaking musicians who’ve carried out GERIG songs down the years embrace Freddy Quinn, Peter Alexander, Invoice Ramsey, Hazy Osterwald, Gus Backus, Catarina Valente, Heintje, Roy Black, Nina Hagen, Peter Maffay, Karat, Spider Murphy Gang, BAP, DJ Oetzi, Jürgen Drews and Ikke Hüftgold.

ROBA Music Publishing, headquartered in Hamburg, is led by Managing Director, Dr. Christian Baierle.

Along with dealing with its personal repertoire throughout music publishing, label companies and manufacturing music, ROBA is the sub-publisher in GSA (Germany, Switzerland and Austria) for the likes of Reservoir Media, CTM and Extremely Music Publishing.

The GERIG deal was suggested by Reinher Karl (BKP Legislation), Andreas Lichtenhahn (SBL Legislation), Sven Metger (EbnerStolz), Marzio Schena (Anote), Jens Schippmann (Schippmann Legislation)Music Enterprise Worldwide

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