Warner Music Agrees to Buy Coldplay Label for $764M

Feb. 7 (Bloomberg) -- Warner Music Group agreed to buy EMI Group’s Parlophone Label Group, home to Coldplay, the Pet Shop Boys and Tina Turner, from Universal Music Group for 487 million pounds ($764 million). Jon Erlichman reports on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Daybreak: What You Need to Know Today July 27
59:23 - Countdown's Manus Cranny and Anna Edwards gives you the top stories on Daybreak, Bloomberg's new custom morning briefing. Details surrounding Apple's jump on iPhone optimism, the Yen roller coaster as Abe takes stage and a gloomy report seen from Deutsche Bank - and more - are available on {DAYB}.
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