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BMG and Imago to discontinue joint venture.


NEW YORK--(ENTERTAINMENT WIRE)--Dec. 19, 1994--Bertelsmann Music Group (BMG BMG Bundesministerium für Gesundheit (Germand: Federal Ministry for Health)
BMG Be My Girl
BMG Blue Man Group
BMG Bertelsmann Music Group
BMG Be My Guest
BMG Browning Machine Gun
BMG Bulk Metallic Glass
) and The Imago imago /ima·go/ (i-ma´go) pl. ima´goes, ima´gines   [L.]
1. the adult or definitive form of an insect.

2. a usually idealized, unconscious mental image of a key person in one's early life.
 Recording Co. will discontinue their joint venture agreement effective Jan. 1, 1995, it was announced today by Terry Ellis, president, Imago.

Ellis started the label in 1990 and he will continue to operate Imago with the artists in its repertoire.

"We made a solid effort with this venture for four years and now we wish Terry and Imago all the best," said Michael Dornemann, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , BMG Entertainment.

"I have truly enjoyed partnering with BMG and I credit them with helping to establish Imago as a viable name in alternative music," said Ellis. "I look forward to continuing Imago's charter as a creative haven for both current and new artists and staff."

The Imago Recording Company is based in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 and represents such critically received and popular artists as Henry Rollins, Aimee Mann, Love Spit Love Love Spit Love was a musical group founded in 1992 by singer Richard Butler following the initial disbanding of the Psychedelic Furs. History
When the Psychedelic Furs disbanded in 1991, Butler moved to New York.
 and Paula Cole.

BMG Entertainment is the $4.1 billion/year music and entertainment division of Bertelsmann AG, the $11.8 billion/year worldwide media enterprise. With operations in 40 countries, BMG's core record labels include Arista Records, RCA Records, Private Music and Zoo Entertainment.

CONTACT: BMG, New York
             Jim Kelly, 212/930-4651
                   or
             Dan Klores Assoc., New York
             Jeanne Meyer, 212/685-4300
COPYRIGHT 1994 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 19, 1994
Words:215
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