Imagem Music Group was founded in 2008 by Dutch firm
Stichting Pensioenfonds ABP, one of the world's largest pension funds, in conjunction with Dutch independent publisher/media company CP Masters BV. It began by acquiring music publishing rights in a number of catalogues sold by
Universal Music Publishing Group, such as Rondor, Zomba, BBC and 19 Music; the sale was worth 140 million euros (US$221.5M as of April 2008). These were sold by Universal after the
European Commission ordered the sell-off as a condition of its merger with
BMG's publishing arm. This was followed by acquiring the world's leading classical music publishing company
Boosey & Hawkes (which includes the catalogues of
Igor Stravinsky,
Benjamin Britten, and
Aaron Copland), and
Rodgers & Hammerstein, containing the rights to stage and film musicals, and representing hundreds of works by writers including
Irving Berlin.