Parlophone Purchase: What It Means For Warner Music and Universal

In an unexpected and strong move, the Warner Music Group has won the auction for
the Parlophone Label Group assets with a £487 million ($762 million) bid. The
deal is expected to close mid-2013.
The deal will give the Warner Music Group, the smallest of the three major label
groups, another $400 million in annual [...]
Source:
http://www.ezonearticle.com/2013/02/08/parlophone-purchase-what-it-means-for-warner-music-and-universal/