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Alfred Publishing Company has purchased Warner Bros. Publications, one of the world's largest publishers of printed music, from Warner Music Group.
Under the agreement, Alfred will acquire the entire Warner Bros. Publications business, which is based in Miami, Florida, and in the U.K. In addition, Alfred will enter into a long-term exclusive license agreement with Warner Music Group's Warner/Chappell music publishing division, under which Alfred will have the right to continue to print and distribute editions of musical compositions administered by Warner/Chappell.
Warner/Chappell, one of the world's leading music publishers, remains a division of Warner Music Group (WMG). In addition, Word Music, the print music business of WMG's Word Entertainment, was not included in the sale.
"We're very excited to combine Warner's extensive pop and educational catalog with Alfred's expertise in educational music publishing to further our mission of helping people experience the joy of making music," said Steven Manus, Alfred's chief executive officer. "Together, we will offer exciting new products to consumers and ...
Source: HighBeam Research, Alfred to purchase Warner Bros. Publications.(Items of...