Global Entertainment Media Group, LLC (GEM Group), has acquired the film library of BMG, the worldwide music division of Bertelsmann AG. This includes all residual rights to the BMG film library that has been in existence since 1995, including free television, DVD, home video and other ancillary rights to the films.
We are very pleased to turn the destiny of these films over to such a professional organization as Global Entertainment Media Group and are confident these films will be enjoyed by many people in the years to come, commented Maarten Steinkamp, president, International, BMG.
The high quality package includes a variety of genres and titles, including films such as NIGHT FALLS ON MANHATTAN, AMERICAN BUFFALO and TRIGGER HAPPY.
GEM Groups, vp of international sales, Alexander Fiore, said, We are thrilled to acquire this treasure trove of films and look forward to licensing them to buyers throughout Latin America in the coming months.
Founded in 1991, San Diego-based GEM Group, is an international and domestic distribution company focusing on television networks, cable and satellite systems, DVD, video and merchandising rights. Genres include animations, documentaries, films, music shows and special programming. For more information, visit www.gem-media.com.
BMG (www.bmg.com) is the global music division of Bertelsmann AG, one of the worlds leading media companies. BMG owns more than 200 record labels in 41 countries. BMGs music publishing operations are the third largest in the world.