Bertelsmann Gives BeMusic Management Facelift
BeMusic, the world’s largest music services group owned by Germany’s Bertelsmann, unveiled a new structure and management team on Tuesday that will oversee the group’s joint venture with Napster. Bertelsmann’s eCommerce arm, which agreed an alliance last year to help build a legitimate version of online rebel Napster, said its Chief Executive Officer Andreas Schmidt would take the top post at BeMusic, home to the world’s largest music club and online CD retailer. Bertelsmann is developing BeMusic as a one-stop music shop, bringing together its online music store CDNow, music club division BMG Direct, recently acquired online song-storage company Myplay… Read more »
