Warner buys Roadrunner for $73.5 million

Warner has purchased Roadrunner Records for $73.5 million.

In the United States, Roadrunner will become a freestanding label group within WMG's Atlantic Records Group. Roadrunner's international affiliates will become freestanding units within WMG's Warner Music International. Roadrunner Managing Director, Cees Wessels, will continue to run the company he founded. There will be no staff changes as part of the acquisition.

The label includes the New York Dolls, Slipknot, Killswitch Engage, Megadeth, Trivium, Dragonforce, The Dresden Dolls, Cradle of Filth. The back catalogue includes Biohazard, Sepultura and many others.