BMG and Concord have today (September 1) confirmed the successful completion of their merger.

The combined companies say the deal will “create a new global music company with the scale, expertise, and capabilities to unlock greater opportunities for creators.”

The transaction, first announced on April 28, 2026, has received “all required regulatory approvals”, according to a press release. The company’s global headquarters will be located in Nashville, with Berlin serving as its European headquarters.

As previously announced, the combined company will operate under the BMG name, and will be owned approximately 67% by Bertelsmann and approximately 33% by affiliates of Great Mountain Partners.