Warner Music Group buys Parlophone

Updated
Kylie Minogue
Kylie Minogue

The Parlophone music label that is home to artists including Coldplay, Tinie Tempah and Kylie Minogue is being bought by Warner Music Group for £487 million.


Parlophone - formerly a part of EMI Music - was put up for sale due to regulatory issues after Universal Music's acquisition of EMI for £1.2 billion last September.
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