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Union Square founder to lead worldwide catalogue recordings business at BMG
By Chris Cooke | Published on Friday 10 July 2015
BMG has appointed Peter Stack to head up its catalogue recordings business worldwide, the music rights firm having acquired his reissues and catalogue label Union Square late last year.
In his new role as Executive VP for Global Catalogue Recordings, Stack will also oversee the marketing and exploitation of other sound recording catalogues controlled by BMG, which include releases by the former Sanctuary, Skint, Echo, Trojan and v1 Mute labels. And be charged with seeking new catalogue acquisitions and licenses as part of BMG’s plan to become “the world’s leading catalogue recordings operation”.
Confirming the appointment, BMG boss man Hartwig Masuch told reporters: “Catalogue artists have not always been given the respect they deserve by the record business. That’s why it has always been a key strategic priority for BMG to develop a world-class catalogue operation bringing together our strengths in sync and licensing and all forms of physical and digital exploitation. Already we have built strong strategic positions in the rock and dance genres. With many prized recordings now reverting to artists, Peter will not only be a great ambassador for BMG, he will help us further build our service offering”.
Stack himself added: “BMG’s ability to combine ambition and scale with a real respect for artists is unique. Artists whose work has proven itself over time deserve a world-class service and we are determined to give it to them”.