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Warner Music Buys Parlophone For $744 Million - Noise11.com
Parlophone Records, the only record label smart enough to sign The Beatles, has been sold to Warner Music for £487 million ($AUD744 million). After Universal Music bought EMI the company was forced to sell some of EMI’s assets. Parlophone was the ‘sacrificial lamb’. Warner Music, now owned by Russian billionaire Len Blavatnik, beat bids from
Paul Cashmere