WMG Pays Cash for Ryko

Warner Music Group has bought the independent Ryko Corp., inclusive of Ryko’s distribution, dense, genre-spanning catalog, and label Rykodisc. Warner reportedly paid $67.5 million cash in the deal.http://news.yahoo.com/s/ap/20060324/ap_en_mu/warner_music_ryko;_ylt=AiQQ41T1_WwB4vqVUBR.mYkIHL8C;_ylu=X3oDMTA5aHJvMDdwBHNlYwN5bmNhdA–