Warner Music Group Completes Acquisition of Roadrunner Music Group

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NEW YORK, NY. (Top40 Charts/ Warner Music Group) - Warner Music Group Corp. (NYSE: WMG) today announced the completion of its acquisition of 73.5 percent of Amsterdam-based Roadrunner Music Group B.V., which includes Roadrunner Records, one of the leading hard rock and heavy metal labels.

The Roadrunner acquisition was originally announced on December 18, 2006. The transaction was subject to regulatory approval in Germany, which has now been obtained.

Roadrunner will operate as a freestanding label group within WMG's Atlantic Records Group. Roadrunner Managing Director, Cees Wessels, continues to run the company he founded.