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What was the selling price of Sanctuary Records Group to BMG Rights Management in 2013?
$71.875 million
$50 million
$100 million
$30 million
Answer
Sanctuary Records Group was sold to BMG Rights Management in 2013 for over €46 million, which is approximately $71.875 million. This sale occurred after Universal Music Group was required to divest some assets due to their acquisition of EMI.
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