Edgar Bronfman Jr.

  1. Lyor Cohen Unveils 300, New 'Content Company' with Atlantic Deal, Google Backing and Ex-Warner Brass (From the Magazine)

    November 01, 2013 11:38 AM EDT Former Warner Music Group recorded music chief Lyor Cohen has named his new label ‘300’ and completed his distribution deal with Atlantic, he revealed to Billboard in an interview in this week’s magazine . Cohen is starting 300 with his fe ...

  2. Warner-Owned Artist Arena Fined $1 Million By FTC

    October 04, 2012 5:21 PM EDT A Warner Music Group-owned company has settled with the Federal Trade Commission for $1 million over charges that it violated the Children's Online Privacy Protection Act related to websites it operates for Justin Bieber, Rihanna, Demi Lovato ...

  3. VH1's Rick Krim, MTV's Amy Doyle Honored at UJA Luncheon by Pink, Rob Thomas, Judy McGrath, Van Toffler, Many More

    July 13, 2012 3:30 PM EDT (L-R): Clear Channel's John Sykes, VH1 EVP Rick Krim, Universal Republic/Island Def Jam's Barry Weiss, MTV EVP Amy Doyle, and Glassnote founder Daniel Glass. (Photo: Michael Priest) The music business has more than its share of industry- ...

  4. Updated: Sony-Led Group Closes Purchase of EMI Music Publishing

    June 29, 2012 10:54 AM EDT The Sony Corp. of America led investor consortium completed its acquisition of EMI Music Publishing today, just hours after the Federal Trade Commission issued a statement saying it closed its antitrust investigation of the $2.2 billion deal -- wh ...

  5. Opinion: Universal-EMI Senate Hearings Filled With Misinformation, Missed Opportunities

    June 26, 2012 5:14 PM EDT Last week's Senate hearing examining the Universal Music Group's pending acquisition of EMI's recorded-music division was a symphony of mission statements, missed opportunities and misinformation. Amid it all, there were some solid ...

  6. Irving Azoff Disputes Bronfman, Mills Testimony at Universal-EMI Senate Hearings; Mills Responds

    June 22, 2012 5:42 PM EDT Live Nation Entertainment/Front Line Management Chairman Irving Azoff said he didn't get the chance to respond to some of the comments made at yesterday's Senate Judiciary subcommitee hearing about the proposed Universal Music Group-EMI ...

  7. Universal To Respond To EU Letter of Objections By July 3 (Report)

    June 22, 2012 8:31 AM EDT Universal Music Group's response to the European Union's regulatory commission letter of objections to its proposed merger with EMI will require a response by July 3, according to a report today on Reuters. The story cites a "person ...

  8. Music Execs Debate Promise and Threats of Universal-EMI Merger at Senate Hearing

    June 21, 2012 8:28 PM EDT Some of the music industry's top music executives painted various pictures of the Universal Music Group-EMI merger at a Senate Judiciary subcommittee hearing Thursday afternoon. It was a rare opportunity to see well-known executives queried a ...

  9. Universal's EMI Deal Approved By New Zealand Regulators

    June 21, 2012 10:05 AM EDT Universal's proposed acquisition of EMI Music has been approved by the New Zealand Commerce Commission - the first jurisdiction in the world to do so. Universal Music Group was notified of the regulatory approval earlier today (June 21) and i ...

  10. Highlights From Azoff, Grainge, Bronfman Testimony in Today's Universal-EMI Senate Hearing

    June 21, 2012 8:01 AM EDT At 1:30 p.m. today, the head of Universal Music Group and EMI will appear before a Congressional hearing to argue for the proposed sale of EMI's music catalog to Universal. Both Lucian Grainge and Roger Faxon will act as witnesses in support ...

  11. Universal Music Group Receives Statement of Objections From European Commission Over EMI Deal

    June 19, 2012 5:55 PM EDT Universal Music Group has formally received the European Competition Commission's Statement of Objections regarding its proposed purchase of EMI's recorded music department, a step that the company had long expected part of the normal EU ...

  12. Senate to Hold Antitrust Hearings on Universal-EMI Deal

    May 11, 2012 7:41 PM EDT A U.S. Senate panel will hold a hearing on Universal Music Group's pending acquisition of EMI's recorded-music division, according to the Wall Street Journal and other media reports. The move adds another step to the complex regulatory r ...

  13. Universal Music's EMI Acquisition Supported by SAG-AFTRA, AFM

    April 18, 2012 7:06 AM EDT LOS ANGELES (AP) -- Universal Music Group has won the qualified support of two North American artists' unions for its proposed $1.9 billion acquisition of the recorded music division of the U.K.'s EMI Group Ltd. The unions gave their con ...

  14. Business Matters: 850,000 Androids Activated Every Day -- What Does That Mean to You?

    February 27, 2012 8:12 PM EST ,000 Android Devices are Activated Every Day -- What Does That Mean to You? -- More than 850,000 Android phones are now activated each day, according to a tweet on Monday by Google senior VP Andy Rubin, who heads the company's mobile divis ...

  15. Universal Music Formally Requests EU Approval to Purchase EMI's Labels

    February 20, 2012 1:15 PM EST Vivendi's Universal Music Group today formally requested European Union regulators' approval to buy EMI's recorded-music division. An initial deadline of March 23 was set for a ruling on the deal, according to the European Commissio ...

  16. Warner Music Group Spent Less, Revenue Remained Flat in Holiday Quarter

    February 09, 2012 12:54 PM EST The holidays were good to Warner Music Group. Key releases by Michael Buble, Nickelback and the Black Keys helped Warner post flat revenue of $779 million in the fourth quarter of 2011 and first of the company's fiscal year. Operating earning ...

  17. Vevo Earned $150 Million in Revenue Last Year, Says CEO Rio Caraeff

    February 01, 2012 8:04 AM EST DANA POINT, Calif. (AP) - Vevo, the online music video service launched by Universal Music Group and Sony Music Entertainment in late 2009, pulled in $150 million in revenue last year, chief executive Rio Caraeff revealed on Tuesday. The service g ...

  18. Video: Edgar Bronfman Jr. Says Warner Music Will Fight Universal-EMI Merger 'Tooth and Nail'

    February 01, 2012 7:13 AM EST On his last day as chairman of Warner Music Group, Edgar Bronfman Jr. promised that the company will fight Universal's purchase of EMI "tooth and nail," adding that it strikes him as "hubris particularly for Universal to think ...

  19. Billboard Power 100: Lyor Cohen

    January 27, 2012 10:00 AM EST No. 14 Lyor Cohen Chairman/CEO of Recorded Music Warner Music Group Twitter: @LyorCohen13 The Iceman Cometh... It's definitely a new day at Warner Music Group and not just because Access Industries' Len Blavatnik (see No. 8) has acquired ...

  20. Billboard Power 100: John Frankenheimer

    January 26, 2012 8:58 PM EST No. 75 John Frankenheimer Partner, Chairman Emeritus; Chair Loeb & Loeb, Music Industry Practice Group Deal Architect ... Clients of veteran entertainment attorney John Frankenheimer are record companies, distributors, publishers, recording ar ...

  21. Updated: Edgar Bronfman Jr. to Step Down as Warner Music Group Chairman, No Successor Named

    December 05, 2011 3:38 PM EST Warner Music Group Chairman Edgar Bronfman Jr., who stepped down as CEO earlier this year, announced to the company's staff in a memo today that he's relinquishing the chairman role as well. "I wanted to let you know that, as my oth ...

  22. Warner Internal Memos: Bronfman, Blavatnik On Chairman Changes

    December 05, 2011 3:25 PM EST Warner Music Group Chairman Edgar Bronfman Jr., who stepped down as CEO earlier this year, announced to the company's staff in a memo today that he's relinquishing the chairman role as well. WMG, of course, was sold to Len Blavatnik' ...

  23. Edgar Bronfman's Next Task At Warner Music Group: EMI?

    August 19, 2011 9:05 PM EDT Is Warner Music Group getting ready to put Edgar Bronfman Jr. out to pasture? That may be the reading of some in the business following the company's announcement that the Warner CEO will swap jobs with chairman Stephen F. Cooper. But conside ...

  24. Edgar Bronfman Jr. Says Warner Music Is 'Very Pleased' With Spotify's U.S. Progress

    August 04, 2011 4:05 PM EDT Whatever reservations Warner Music may have had about Spotify seem to be ancient history. During a call with investment analysts this morning (August 4), CEO Edgar Bronfman Jr. gushed about the service's U.S. launch and the future of cloud-ba ...

  25. How Top Warner Music Execs Are Cashing in on Acquisition, and What a Completed Deal is Worth to Them

    June 22, 2011 2:01 PM EDT Warner Music Group's two top execs, Edgar Bronfman Jr. and Lyor Cohen, have already cashed out of stocks and will enjoy large golden parachutes when the company's acquisition by Access Industries is complete. If the recommendation of gov ...

  26. Business Matters: Microsoft's Acquisition of Skype Means Nothing for Us, Rdio Says

    May 11, 2011 8:21 PM EDT Microsoft's Acquisition of Skype Means Nothing for Us, Rdio Says -- What does Microsoft's $8.5 billion acquisition of Skype mean for upstart music service Rdio? Recall the two companies are closely related. Prior to founding Rdio, Niklas ...

  27. Warner Music/Access Industries Deal Is A Win For Both -- But Will Gores Try to Upend It?

    May 06, 2011 7:48 PM EDT Access Industries' proposed $3.3 billion acquisition of the Warner Music Group (WMG) is turning out to be a "best of both worlds" kind of deal for all involved. For one, the private equity owners of WMG will get another payday on to ...

  28. Warner Music Group Shares Rise Amid Sale Rumors

    April 14, 2011 7:00 AM EDT Shares of Warner Music Group rose 3.4 percent on Wednesday to $7.61 as word spread the company could be bought in a matter of weeks. The Wall Street Journal reported -- citing anonymous sources -- that instead of selling pieces of the company, as ...

  29. Business Matters: Spotify Readies Payment System for U.S. Launch

    February 08, 2011 3:31 PM EST Waiting For Godot (Spotify): Music Cloud Readies Payment System for U.S. Launch -- Spotify is telling U.S. users (what few exist) that it hopes to launch "in the coming months." Here's part of an email that was sent from Spotify to ...

  30. Warner Music CEO Edgar Bronfman Optimistic About Spotify, Digital Despite 14% Revenue Drop

    February 08, 2011 11:51 AM EST Even though Warner Music Group's revenues dropped 14% in its last quarter, chairman and CEO Edgar Bronfman Jr. used the company's Tuesday earnings call to express hope for diversified revenue and new cloud-based music services. "We ...

  31. Warner Music Shares Soar On Sale Reports

    January 21, 2011 12:00 AM EST Shares of Warner Music Group surged nearly 23 percent on Friday on news that the world's No. 3 music company is up for sale. Warner Music has hired Goldman Sachs as an advisor to help with the process, a source familiar with the matter said o ...

  32. Warner Music Shares Soar On Sale Reports

    January 21, 2011 12:00 AM EST Shares of Warner Music Group surged nearly 23 percent on Friday on news that the world's No. 3 music company is up for sale . Warner Music has hired Goldman Sachs as an advisor to help with the process, a source familiar with the matter said ...

  33. Edgar Bronfman Jr., Warner Music Group CEO, Found Guilty of Insider Trading by French Court

    January 21, 2011 12:00 AM EST A French court, in a surprise ruling, on Friday convicted and fined Warner Music Group chairman and CEO Edgar Bronfman Jr. for insider trading and former high-flying Vivendi CEO Jean-Marie Messier for misusing company funds and misleading investor ...

  34. What Slowdown? Warner Music Expects Digital Growth to Accelerate

    November 17, 2010 12:00 AM EST To hear Warner Music Group CEO/chairman Edgar Bronfman Jr. speak during the company's fiscal fourth quarter earnings call on Wednesday, you'd think that 2011 will be the year of the new music model. Two company names stood out during the ...

  35. Earnings Analysis: WMG Hit By Slow Release Schedule

    August 05, 2010 12:00 AM EDT A slow release schedule helped Warner Music Group report a 15% drop in revenues in its fiscal third quarter. For the period ended June 30, revenue was $652 million and the operating loss was $1 million, a big drop from $25 million the year before. ...

  36. Business Matters: AEG + Majors?, Bronfman Trial, A Look at Rdio and more

    June 18, 2010 12:00 AM EDT MAJORS BUYING INTO AEG? -- According to the New York Post, AEG is in talks with major record labels about taking a minority stake in the company. The talks could result in either a sale to one of the major music companies or possibly a consortium ...

  37. Business Matters: Edgar Bronfman Jr., EMI, Gummybear and more

    June 02, 2010 12:00 AM EDT - The lawyer for Warner Music Group CEO and chairman Edgar Bronfman Jr. asked for the charges against his client to be dropped. The court was wrong to send Bronfman to trial “without any explanation,” he said on the opening day of the insider trad ...

  38. @Web 2.0 Expo: Web Community Discusses Freemium Model

    May 04, 2010 12:00 AM EDT We know how Warner Music Group's Edgar Bronfman Jr. feels about freemium music services like Spotify. But how does the Web 2.0 community view the model? Ranjith Kumaran, founder and CTO of the Web-based file transfer company YouSendIt, attack ...

  39. The Orchard CEO Supports Free, On-Demand Services

    March 25, 2010 12:00 AM EDT During the Orchard's fourth-quarter earnings call on Thursday, CEO Brad Navin threw his company's support behind on-demand business models. The overall pie is growing because of these new services, he said. "Early indicators are the ...

  40. 5 Mantras For The New Music Business

    February 16, 2010 12:00 AM EST The future of digital is access models, according to many top executives. But, there's one main problem: to trade CD and download dollars for access model dimes and nickels, music services need a level of consumer adoption well beyond what ha ...

  41. Court Rules In Favor In WMG Chairman Bronfman

    November 23, 2009 12:00 AM EST Warner Music Group chairman Edgar Bronfman Jr. scored another legal victory on Monday. The New York State Court of Appeals upheld a previous court ruling dismissing a $100 million lawsuit filed against Bronfman two years ago by Simon & Schuste ...

  42. MTV Games, Warner: No 'Rock Band' Boycott Of WMG Artists

    March 02, 2009 12:00 AM EST MTV Games is not boycotting Warner Music Group artists from the “Rock Band” franchise, despite what an article in the current Wired magazine claims, according to sources from both camps. Rather, the impasse is best described as a stalemate. WMG CE ...

  43. Lawsuit Against Warner Chief Dismissed

    December 23, 2008 12:00 AM EST An appellate court dismissed the remaining two claims in a lawsuit brought against Warner Music Group chief executive Edgar Bronfman Jr. by a former CEO of publisher Simon & Schuster who claimed he helped conceive the 2003 buyout of Warner but ...

  44. France Investigates Warner's Bronfman

    February 08, 2008 12:00 AM EST Warner Music Group Corp chief executive Edgar Bronfman Jr. has been placed under formal investigation by French authorities as part of a probe into insider trading at Vivendi, Warner said on Thursday. Bronfman was formerly a director of Vivendi an ...

  45. Hip-Hop Hits Capitol Hill

    September 25, 2007 12:00 AM EDT The banter between hip-hop artist David Banner and Rep. Edward Markey, D-Mass., heated up this afternoon during a hearing on Capitol Hill about hip-hop and rap lyrics. Markey kept trying to get a commitment from Banner to start conveying a "s ...

  46. Warner Music's Bronfman Sued For $100M

    April 24, 2007 12:00 AM EDT Warner Music Group Corp. chief executive Edgar Bronfman Jr. was sued on Monday for $100 million by a former CEO of publisher Simon & Schuster who claims Bronfman failed to compensate him for conceiving the 2003 buyout of Warner. Former CEO Dic ...

  47. Bronfman Blasts Mobile Makers

    February 14, 2007 12:00 AM EST Edgar Bronfman Jr. today used his keynote platform at the 3GSM World Congress in Barcelona to lambast wireless carriers and handset manufacturers. Warner Music Group's chairman/CEO accused operators and device makers of holding back growth in ...

  48. Source: Bandier To Resign EMI Music Pub Post

    September 28, 2006 12:00 AM EDT Executive may play into WMG plans. Martin Bandier is resigning his post as chairman/co-CEO of EMI Music Publishing, Billboard.biz has learned. The move follows discussions between Warner Music Group chairman Edgar Bronfman Jr. and Bandier over WMG ...

  49. Source: Bandier To Resign EMI Music Pub Post

    September 28, 2006 12:00 AM EDT Martin Bandier is resigning his post as chairman/co-CEO of EMI Music Publishing, Billboard.biz has learned. The move follows discussions between Warner Music Group chairman Edgar Bronfman Jr. and Band Martin Bandier is resigning his post as chairm ...

  50. Warner Launches Groundbreaking Korean Joint Venture

    May 10, 2006 12:00 AM EDT Warner Music Group is setting up a precedent-setting joint venture with leading South Korean telecom operator SK Telecom that will handle Warner Music Korea's stable of domestic acts. Warner Music Group is setting up a precedent-setting joint ...

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