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| | MP3.com: Warner Music to buy Rykodisc |
 | | Warner Music Group is set to acquire the NYC-based parent company of indie label Rykodisc, home to an array of rock, folk, jazz, world, blues, and alternative music, the companies said today. |
 | | Warner Music, the publicly traded music company formed in March 2004 when CEO Edgar Bronfman and a group of investors bought it from media giant Time Warner Inc., paid $67.5 million for Ryko Corp., the parent company of Rykodisc and Restless Records. |
 | | Rykodisc purchased the Zappa catalog in 1994, and reissued several classic albums from David Bowie and Elvis Costello in the 1990s. |
| www.mp3.com /stories/3830.html (772 words) |
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