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Warner Music Group Acquires 300 Entertainment
Warner Music Group has acquired 300 Entertainment in a long-planned move that will merge 300's interests with those of Atlantic imprint Elektra Records, also owned by WMG. Kevin Liles, 300's CEO and co-founder (along with Roger Gold, Todd Moscowitz, and Lyor Cohen, now YouTube's Global Head of Music), will take on CEO and chairman duties at Elektra as well, though the two labels will continue to run independently, according to WMG's official announcement.
