Monday, December 18, 2006

Should this scare me?

Warner Music Group Corp. has purchased Roadrunner Records for 73.5 million dollars which gives them 73.5 percent control over the label. What? A million a percent or what? Anyway...I think this may be the end of Roadrunner Records as we know it. If you are unfamilliar with Warner Music group, the essentially own the world of music. There are only a few major labels out there, whom all house smaller labels and Warner is one of these powerhouses.

Check out the big 5 here

I hope they don't turn Roadrunner into a homogenized mess like I fear they will.What do you guys think about the acquisition?

Link

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