BMG Purchases Virgin's HUGE Song Vault, Rights To Nirvana & Iggy Pop

The world's fourth-largest music publishing company just got a little bit bigger. Bertelsmann Music Group (BMG) has signed a deal to gain rights to selected music catalogs from Virgin Music Publishing, Famous U.K. Music Publishing, and titles from Sony/ATV and EMI Music. As a result, BMG now has access to Virgin's some 21,000 song catalog featuring Nirvana, Duffy, and Iggy Pop.  The deal is a result of Sony/ATV's earlier $2.2 billion purchase of EMI's publishing segment this summer Though spe...