Warner Music's Ownership Changes Hands
09 May, 2011, 1:42 pm IST | by
Anuradha Shetty
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Part of the Big 4 group, the ownership of Warner Music changed hands post a billion dollar deal. Confirmed reports state that the third largest recording group has now been brought over by the US industrial biggie, Access Industries for a cool $3.3 billion. The amount is also inclusive of the debt that signifies the troubled times of the industry.  Sold!
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Tags: Warner Music Group , Len Blavatnik , Access Industries , record company , Standard & Poor
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