DreamWorks Records sold to Universal Music.

MAINSTREAM record company DreamWorks has been sold to Universal Music for 100 million dollars. The deal, which is still awaiting regulatory approval, will see the company absorbed into Universal's Interscope Geffen A&M (IGA). DreamWorks has the band Lifehouse and Christian singer/songwriter Dana Glover on its roster. CR

The opinions expressed in this article are not necessarily those held by Cross Rhythms. Any expressed views were accurate at the time of publishing but may or may not reflect the views of the individuals concerned at a later date.