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Bertelsmann Buys R2M, Rights to 12,000 Songs, Handelsblatt Says

Feb. 29 (Bloomberg) -- Bertelsmann AG, Europe’s largest media group, will buy R2M Music of the U.S. and its rights to 12,000 songs for a “mid-two-digit million-euro” amount, Handelsblatt reported in a preview of an article to be published tomorrow, without saying where it got the information.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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