This is a Spanish company. Might appear as B.M.G. Ariola S.A. It is not to be confused with the Spanish label BMG Ariola España or BMG Ariola.
Company history:
1970-1988: Ariola Eurodisc S.A.
1987-1997: BMG Ariola, S.A.
Briefly on 1993 releases: BMG España, S.A.
1996: label
1996: BMG Entertainment Spain, S.A.
1997-2004: BMG Music Spain, S.A.
2004-2008: label
2008-present: label