Warner Music Buys Indie Roadrunner
Warner Music Group will acquire 73.5% of Roadrunner Music Group which includes Roadrunner Records, one of the leading hard rock and heavy metal labels for $73.5 million.
Roadrunner includes bands like The New York Dolls, Megadeath, Black Stone Cherry and Nickelback.
In the US, Roadrunner will become a freestanding label group within WMG’s Atlantic Records says Hypebot.The label’s multi-Platinum, Grammy-nominated artist, Nickelback, has the No. 1 Hard Music album for 2005 and year-to-date 2006 in the U.S. Roadrunner’s roster also includes multi-Platinum Slipknot, Stone Sour, Killswitch Engage, Theory of a Deadman, Megadeth, Black Label Society and Trivium.
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