Warner Music bought the recording studio founded by the son of chapter Universal Music Group

Moscow. September 6. information agency "Interfaks" - Warner Music Group Corp. (WMG), one of the largest sound recording companies the world, got a majority share in small studio 10K Projects which specializes on young beginning performers, writes newspaper "The Financial Times" with reference to an informed circle. Studio in 2016 Elliot Greyndzh - the son based Luchian Charles Greyndzh, chapters Universal Music Group, the main competitor of WMG. Greyndzh Jr. repeatedly criticized large labels for "conveyor" approach to music and compared them to banks. As a result of the transaction which sum is not disclosed, 10K of Projects...