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Career Announcements (more headlines) 08-22-2005

Carol Lipkin Named CFO, BMG Music Publishing Worldwide

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NEW YORK August 22, 2005 –Carol Lipkin has been promoted to the newly-created post of Chief Financial Officer, BMG Music Publishing Worldwide, it was announced today by the company’s Chairman and CEO, Nicholas Firth.

Based in New York, Lipkin will continue to oversee all Finance and Administration activities for BMG Music Publishing’s worldwide businesses including Copyright and Royalty operations and their international hubs. She continues to report directly to Firth.

“Carol has been an integral part of BMG Music Publishing’s management team since our inception,” said Firth. “She has been instrumental in the more than 240 acquisitions which the company has made since 1987 and in establishing our administrative procedures worldwide.”

Lipkin joined BMG after a successful career at CBS Songs. Prior to CBS, she was at Ernst & Whinney.

With wholly-owned offices in 31 countries around the world, BMG Music Publishing (www.bmgmusicsearch.com) is the world’s largest independent music publisher and the third largest music publisher among all music publishers. BMG Music Publishing’s songwriters including Coldplay, Justin Timberlake, Maroon5, Nelly, R. Kelly, Robbie Williams, Linkin Park, Christina Aguilera, Limp Bizkit, Britney Spears, Chingy, Korn, Joss Stone and Keane. BMG Music Publishing is a unit of Bertelsmann AG, one of the world's leading media companies.

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