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Rap Almost Kills Sanctuary
01/31/06
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(BBC) UK music group Sanctuary has unveiled a �110m rescue deal after revealing a fivefold increase in annual losses.

It blamed the loss on an "awful" year in which it was hit by record release delays and a string of profit warnings. Many of the losses stemmed from Urban Records, a firm it bought from singer Beyonce Knowles' father, it added.[see full story for more] - Click here for the Full Story

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