WMG Completes Ryko Acquisition
June 1, 2006 at 2:35 PM (PT)
WARNER MUSIC GROUP CORP. (WMG) has completed its acquisition of RYKO CORP. from an investment group led by JPMORGAN PARTNERS for $67.5 million. Under the completed deal, which was originally announced on MARCH 24, WMG has acquired RYKO's catalog, independent distribution division, and its label and artist roster.
Artists represented in the catalog include: ALI FARKA TOURE WITH RY COODER, BILL HICKS, BRIAN ENO, FRANK ZAPPA, JOE JACKSON, KELLY WILLIS, SOUL ASYLUM, THE DEAD MILKMEN, THE FLAMING LIPS, THE MISFITS, THE REPLACEMENTS and THEY MIGHT BE GIANTS.