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Rita Ora's BMG reports $1 billion revenue in 2024


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Berlin-based music company BMG reported on Monday (March 31) that it generated 963 million euros ($1 billion USD) in revenue over the course of 2024, marking a 6.4% increase from the year-ago period, thanks to a double-digit jump in digital income streams a strong slate of major releases. The performance amounted to 8.1% in organic growth, the company said.

Notable successes in the recorded music sector included releases from Rita Ora, Kylie Minogue, George Harrison, Bryan Ferry, Lainey Wilson, Sum 41, Travis, Crowded Houseand others. 

In music publishing, BMG songwriters such as Bruno Mars, D’Mile, Steve Miller, Trevor Horn, The-Dream, Roselilah and others achieved chart success, with contributions to major hits like Beyoncé’s Cowboy Carter album, Kendrick Lamar and SZA’s “Luther” and Mars and Lady Gaga’s Hot 100 chart-topper “Die With a Smile.” 

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