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# Warner Music Group To Buy Rykodisc
- URL: https://www.hypebot.com/werners_to_buy_/
- Published: 2006-03-24T08:29:46.000Z
- Updated: 2006-03-24T08:29:46.000Z
- Description: Warner Music is reportedly laying down $67.5 million to purchase indie label Rykodisc according The Hollywood Reporter. Founded by Don Rose in Salem, MA as a CD only re-issue label,. Continue reading [https://www.hypebot.com/hypebot/2006/03/werners_to_buy_.html]
- Author: Bruce Houghton
- Tags: Indie Music, Major Labels, #wp, #wp-post, #Import 2026-01-21 11:10

[![Ryko](https://hypebot.typepad.com/hypebot/images/ryko.jpg "Ryko")](http://hypebot.typepad.com/photos/uncategorized/ryko.jpg?ref=hypebot.com)Warner Music is reportedly laying down $67.5 million to purchase indie label Rykodisc according The Hollywood Reporter.

Founded by Don Rose in Salem, MA as a CD only re-issue label, the catalog now includes Restless Records titles by the Flaming Lips, the Replacements and Soul Asylum. Ryko’s own recent roster has included Big Star, Sugar, Morphine, Medeski, Martin & Wood, and Mickey Hart. But the label has floundered after an ill fated takeover by former Island and Palm head Chris Blackwell who divested himself of the label several years ago.