BMG has finalized the acquisition of the remaining interests in the publishing catalogs of John Lee Hooker, Hal David, and ARC Music. The deal, initially announced in 2016, completes a transaction to fully own these influential archives.
The music company BMG announced it has acquired the remaining interests in the songwriting works of the publishing catalogs of John Lee Hooker, Hal David, and ARC Music — three major archives that helped shape American popular music. The acquisition builds upon an initial deal struck in 2016 where BMG first obtained a stake in these catalogs.
The completed transaction signifies BMG’s full ownership of these historically significant collections. These catalogs represent the work of pivotal figures in American musical history, including blues legend John Lee Hooker and prolific songwriter Hal David, known for his collaborations with Burt Bacharach. ARC Music is also a major archive that has contributed significantly to popular music.
The source does not provide details regarding the financial terms of the completed acquisition or the specific percentage of ownership acquired in 2016.
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