All posts tagged Parlophone Label Group

Music mixer in a studio

Warner Music agrees £487m deal to acquire UMG’s Parlophone

US recording companies Universal Music Group Inc (UMG) and Warner Music Group have signed a definitive agreement that will see the latter pay GBP487m (USD765m/EUR571m) for Parlophone Label Group (PLG). In September 2012, UMG was cleared by the European Commission …

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