BMG Rights Management has acquired the assets of R2M Music. R2M (publisher) was founded in 2006 by ex-Sony ATV management execs Paul Russell, Richard Rowe and Phil May. The deal includes 12,000 copyrights, with 35 Top Ten hits. As part of the transaction BMG has picked up the LeFrak catalogue, home to hits by 2Pac and Neil Sedaka. The financial terms of the transaction were not disclosed.
Several studies show that the appeal of piracy has reduced in France, due to the Three Strikes Act. Also the sales of digital entertainment products are growing in France. The French Three Strikes Act makes it possible to disconnect internet users if they engage in illegal file sharing, after they have received three notifications of violating copyrights by illegally downloading pirated content. By the end of 2011, Hadopi, the agency that administers the three-strikes system, had sent 822.000 email warnings as First Strike to suspected offenders. These were followed by up to 68.000 second warnings. Of those 68.000 second warnings 165 received a third warning, whereby the French Courts are authorized to disconnect the internet users of the internet, and may impose fines of €1500,- up to or nearly €2000,-.