Wednesday, February 06, 2008

Warner throws good money after bad boys

Warner music has offered to take the Death Row catalogue off the hands of the receivers, valuing the library at USD25 million.

It's still going to leave a bit of a hole in the Death Row accounts - the label was USD137million in debt when it went under. Still, it's not a bad take for the catalogue - Warners must have faith that SpiralFrog will be serving a shed load of ads alongside the tracks for the years to come.


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