RoadrunnerRecords Resmi Milik WarnerMusicGroup

It has been announced that
Roadrunner Records, one of the
industry's longest running metal
and hard rock labels, has now
been fully purchased by Warner
Music Group. Warner had
previously bought 73.5% of the
company in 2007. An internal
memo from label founder and
CEO Cees Wessels announcing
the changes, as appearing on
Billboard's website, can be read
below:
"Since joining the Warner Music
family, we have enjoyed some of
our greatest creative and
commercial successes as a label.
Most importantly, we have
retained our unique identity
while also expanding our
horizons, thanks in part to the
tremendous expertise and
experience we can tap into as
part of the Warner Music family
and the relationships we have
built with our Warner Music
colleagues around the world.
"I am very proud that
Roadrunner is now a fully-
fledged stable mate of such
iconic labels as Atlantic , Warner
Bros. Records, Elektra, Asylum
and Rhino, and I believe that we
are in this position thanks to our
team 's hard work and
consistently original approach
over the years. The vast majority
of our staff around the world
will experience little or no
change to their roles.
"However after carefully
reviewing our operations, we
have decided to transfer the
support functions across to our
Warner Music colleagues in
some territories. This is not an
easy process to undertake, but
we believe that, by making these
changes, we can take
Roadrunner to the next level by
focusing our resources on
marketing our existing line-up of
acclaimed artists as well as
discovering the stars of
tomorrow."
Source: Billboard