Rise Records, the label home to Teenage Time Killer, The Acacia Strain, The Devil Wears Prada, Of Mice & Men, and Memphis May Fire has been bought up by BMG for an undisclosed chunk of money.

Said President of Creative & Marketing at BMG, Laurent Hubert:

“Rise Records is more than a record label, it is a cultural phenomenon which has harnessed digital media to create a genuine community. We are delighted to partner with Craig (Ericson, Rise founder) and his team to give Rise’s artists access to BMG’s world-class admin services and international network.”

The BMG catalog includes Black Sabbath, Iron Maiden, Motorhead, Megadeth, Uriah Heep, and Helloween, along with current acts like You Me At Six, Within Temptation, and Bring Me The Horizon.

Rise Records will remain in Portland, OR and will run as usual, now with the BMG muscle behind them. BMG bought Vagrant Records last November.

(via Billboard)