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| | PRESS RELEASE Warner Music Group and Guy Oseary to Extend Maverick Records Joint Venture (Site not responding. Last check: 2007-10-22) |
 | | NEW YORK, NY and LOS ANGELES, CA -- (MARKET WIRE) -- June 14, 2004 -- Warner Music Group (WMG) and the partners of Maverick Records have reached an agreement in principle to settle their litigation and extend and restructure the term of the Maverick Records joint venture. |
 | | In making the announcement, WMG Chairman and CEO of U.S. Recorded Music Lyor Cohen said, "This new joint venture agreement is clearly a win-win for both WMG and Maverick, and we are pleased that Guy Oseary, one of the most successful AandR executives in the industry, is continuing his relationship with both companies. |
 | | The company is home to a collection of the best-known record labels in the music industry including Atlantic, Elektra, Lava, Maverick, Nonesuch, Reprise, Rhino, Sire, Warner Bros. and Word. |
| www.marketwire.com /mw/release_html_b1?release_id=68583 (619 words) |
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