Warner Music has acquired 679 Recordings, home to British urban acts The Streets and Kano plus alt-rock band Mystery Jets, for an undisclosed sum. The label becomes a wholly-owned division of Atlantic Records U.K.; founder Nick Worthington remains as managing director, reporting to Warner Music Europe president John Reid and Atlantic Records U.K. president Max Lousada. The label's staff will re-locate to Atlantic's offices in Kensington, London. (Billboard)