Parlophone Label Group UK CEO Andria Vidler has told Music Week of her optimism that her key staff will find new jobs under new owner Warner Music Group.

WMG confirmed its purchase of PLG for £487m earlier today. The all-cash transaction is expected to pass EU regulatory approvals in the summer, following a consultation procedure with PLG employees.

PLG currently has a global headcount of around 800-900 staff - roughly two-thirds of the European size of former parent EMI Music, ...