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BMG has acquired the recordings catalog of multi-platinum rock band Jet in Australia, in what the music firm says is a “landmark deal.”
Below the settlement, BMG has acquired the recorded music rights for Australia and New Zealand to Jet’s preliminary two albums, Get Born and Shine On.
In the remainder of the world, these albums will proceed to be owned by Warner Music Group. (Jet beforehand owned and licensed the recorded rights to the 2 albums in ANZ; these rights then reverted forward of the BMG deal.)
As well as, BMG has acquired the artist’s royalty stream all over the world for the 2 albums in perpetuity, in addition to the worldwide recorded rights to the band’s third album Shaka Rock.
The deal builds on Jet’s current worldwide publishing take care of BMG, established in 2017, encompassing rights to hits together with Are You Gonna Be My Lady, Look What You’ve Carried out, Chilly Laborious Bitch, Rollover DJ, Put Your Cash The place Your Mouth Is, She’s A Genius, Seventeen, and Get What You Want.
Fashioned within the late 90s, Jet went on to launch three studio albums, amassing over 6.5 million data bought worldwide.
Their breakout debut, Get Born (2003), achieved 9x Platinum certification in Australia, rating among the many prime 5 highest-selling Australian rock albums of all time.
The album additionally attained Platinum standing within the UK and US, clinching the No.1 spots on each the US Fashionable Rock and Mainstream Rock charts. Singles Are You Gonna Be My Lady and Rollover DJ secured the No.1 and No.19 positions respectively within the 2003 triple j Hottest 100.
Are You Gonna Be My Lady has over 538 million streams on Spotify alone and over 150 million views on YouTube:
BMG says Jet’s songs are perennial international licensing favorites.
Are You Gonna Be My Lady was used within the iconic TV advert for the Apple iPod and the band’s music has featured in a number of worldwide promoting campaigns, characteristic movies, TV collection and online game franchises during the last 15 years.
The band acquired three nominations on the 2004 MTV Music Awards (profitable Greatest Rock Video) and garnered 4 APRA Award nominations (profitable Songwriters of the Yr and Most Carried out Australian Work Abroad).
Jet acquired six awards from seven nominations on the 2004 ARIA Awards, together with Album of the Yr, Greatest Group, and Single of the Yr.
Their subsequent launch, Shine On (2006), achieved Platinum certification in Australia. Jet’s third album, Shaka Rock (2009), and the breakthrough single Seventeen each attained Gold standing in Australia. Seventeen additionally acquired APRA Awards for Rock Work of the Yr and Most Performed Australian Work.
Commenting on the acquisition, Jet’s Chris Cester stated: “With large choices like this it comes down to private relationships. We’ve recognized the BMG crew for years.
“We’re already with BMG for our publishing and so they do what they are saying they’re gonna do. That’s a uncommon factor on this enterprise. Ultimately you determine that’s the one factor that issues, for those who’re critical about what you do.”
“With large choices like this it comes down to private relationships. We’ve recognized the BMG crew for years. We’re already with BMG for our publishing and so they do what they are saying they’re gonna do.”
Chris Cester, Jet
Heath Johns, who was promoted to BMG President, Australia, New Zealand and South-East Asia, in April, stated: “Jet are a generation-defining band who achieved international success of the rarest type.
“BMG couldn’t be extra honored to amass these iconic international hit recordings and we thank Nic, Chris, Cam, Mark and their supervisor Andy Cassell for the religion they’ve proven in our crew through this landmark deal.
“BMG has change into the fastest-growing music firm in Australia through our natural recordings and publishing progress and now, as we broaden our scope through acquisition, I can consider no larger assertion than the acquisition of the JET catalogue.”
Jet now joins BMG’s label roster, which includes a lineup of Australian and New Zealand expertise together with Chet Faker, Angus & Julia Stone, Daniel Johns, Dope Lemon, Hockey Dad, Julia Stone, The Residing Finish, Pacific Avenue, Ladyhawke, CHAII, Dune Rats, and Winston Surfshirt.
BMG additionally manages or holds rights to the works of legendary artists akin to Mick Jagger and Keith Richards, George Harrison, Ringo Starr, Kurt Cobain, Johnny Money, Buddy Holly, Iggy Pop, Blondie, David Bowie, The Kinks, Black Sabbath, Iron Maiden, Motörhead, and extra.
“Jet are a generation-defining band who achieved international success of the rarest type.”
Heath Johns, BMG
BMG’s most up-to-date purchases embrace the acquisition of the author’s share of royalties of Michael Münzing of the Eurodance chart-topper SNAP! in August, and the purchase of Paul Simon’s artist royalty revenue stream and the neighboring rights revenue stream from Simon & Garfunkel recordings in June.
The identical month, BMG bought the recordings catalog of iconic British rock group The Hollies.
Earlier this month, BMG signed a brand new international recording and publishing partnership with artist and actress Jennifer Lopez. Over a month in the past, the corporate agreed to represent your entire publishing catalog of Grammy Award-winning UK digital music duo The Chemical Brothers.
BMG’s technique has allowed it to report an 11.5% year-over-year bounce in revenue within the first half of the yr to EUR €414 million (approx. USD $435 million).
Music Enterprise Worldwide
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