Edgar Bronfman, Jr.

  1. 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 ...

  2. Report: Warner Planning Bid For EMI's Record Company

    November 15, 2010 12:00 AM EST Warner Music is planning a £470 million ($750 million) bid for EMI's recorded music division, according to media reports over the weekend , and may file a proposal with Terra Firma in the next few weeks. This news comes less than two weeks af ...

  3. 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. ...

  4. IFPI CEO John Kennedy To Step Down

    June 24, 2010 12:00 AM EDT John Kennedy and the IFPI have announced that he will step down as CEO and chairman next month, after five years in the role. His replacement has already been confirmed. Frances Moore , EVP and regional director, Europe at IFPI, will step up to th ...

  5. Business Matters: Live Nation, RealNetworks, Bronfman Jr., Sonos and more

    June 23, 2010 12:00 AM EDT LIVE NATION STOCK COOLS -- Live Nation 's hot stock is cooling off. In late May, a Miller Tabac analyst told Reuters Liberty Media's tender offer for Live Nation shares earlier in the year had seemed to have established a floor of $12 fo ...

  6. 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 ...

  7. 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 ...

  8. 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 ...

  9. Warner Pulls Catalog From French Streaming Service

    February 17, 2010 12:00 AM EST French streaming service Jiwa has withdrawn Warner Music's catalog and asked for its users to make donations to support the service, a disclaimer on its Web site reads. The removal of Warner catalog follows an order by the record company, Jiw ...

  10. 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 ...

  11. Viacom CEO: We Need To Pay Less For Music In Videogames

    February 12, 2010 12:00 AM EST During Viacom’s Q4 earnings call , on Thursday, Philippe Dauman, Viacmon’s president and CEO, pointed to lower rates paid to record labels as a part of a broader attempt to boost its struggling video games division. As we go forward, we are contin ...

  12. Spotify: WMG Not Pulling Out

    February 11, 2010 12:00 AM EST Spotify, which offers ad-funded free streaming and premium subscription services, said that Warner Music Group is not pulling its repertoire from the free service. Although it has not issued a statement, the Swedish and U.K.-based company posted t ...

  13. Analysis: As Digital Revenues Stall, Bronfman Looks To New Models

    February 09, 2010 12:00 AM EST Dominated by talk of new digital business models, Warner Music Group's fiscal Q1 earnings call on Tuesday morning exhibited a mix of patience and optimism. The company's flat revenue, small net loss and stalled digital growth were a repe ...

  14. Warner Music Group Posts Q1 Loss

    February 09, 2010 12:00 AM EST Warner Music Group increased revenue 3.5% year-on-year to $918 million in the first quarter to Dec. 31, 2009 but recorded a net loss of $17 million. The loss compared to a $23 million profit in the prior year quarter. Although revenue was up 3.5% ...

  15. Pessimistic About Spotify? You’re Not Alone

    January 25, 2010 12:00 AM EST Labels continue to show pessimism and caution about ad-supported and hybrid music services. At a MIDEM panel on streaming music , Stephen Bryan, Warner Music Group's senior VP of digital business development, warned of embracing digital servi ...

  16. Rock Band Songs Top 1,000 Mark

    November 25, 2009 12:00 AM EST Over 1,000 songs are now available for fans of the Rock Band franchise to buy and download to the game, according to MTV Games and Harmonix. More than 390 bands are contributing tracks to the service, which allows Rock Band gamers to browse and bu ...

  17. 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 ...

  18. Former Vivendi Boss Ordered To Stand Trial

    October 22, 2009 12:00 AM EDT Vivendi SA says its former CEO Jean-Marie Messier and other former top executives have been ordered to stand trial on charges of misleading investors while they were transforming the once-stodgy water utility into a high-flying film, music and pay ...

  19. Music Biz Eyes Web Ads

    October 12, 2009 12:00 AM EDT As the recorded-music business continues its migration to the digital domain, and relies less on sales of physical music formats, the big companies in the sector are developing strategies that position advertising and branded content as core reven ...

  20. Briefs: Joel Tenenbaum, Warner Music Group, Tablo

    August 07, 2009 12:00 AM EDT -- Joel Tenenbaum, who recently lost a file-sharing lawsuit, talks to the New Yorker. "Most people want to pay for music when they know the revenue goes straight to the artist...When an entire generation has been raised without supervision on ...

  21. Edgar Bronfman Moving To London

    June 03, 2009 12:00 AM EDT Warner Music Group chairman and CEO Edgar Bronfman, Jr is moving to London and will run the major between the U.K. capital and New York. The London Times reports that Bronfman is moving his family from New York to a house in Kensington near Warner ...

  22. 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 ...

  23. 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 ...

  24. Digital Briefs: Project Playlist, Facebook, Guns N' Roses, '360'

    November 11, 2008 12:00 AM EST - Project Playlist has landed former Facebook chief revenue officer Owen Van Natta as it's new CEO, according to the blog AllThingsD . Van Natta is an investor in the music discovery startup. - The Los Angeles man accused of illegally uploadi ...

  25. Guitar Hero Adds In-Game Ads

    September 30, 2008 12:00 AM EDT The Guitar Hero franchise will start featuring in-game advertising thanks to a deal between advertising network IGA Worldwide and Activision Blizzard. The in-game ads will appear in the PlayStation3 version of the next installment in the series-&q ...

  26. Activision CEO Suggests Labels Should Pay For Placement

    September 29, 2008 12:00 AM EDT Activision/Blizzard CEO Robert Kotick continues to dig in his heels against music industry demands that the company pay more in licensing fees for the hit videogame franchise Guitar Hero. In fact, he recently told the Wall Street Journal that the ...

  27. Global Shake-Up At WMG

    September 16, 2008 12:00 AM EDT Warner Music Group has promoted Lyor Cohen and Michael D. Fleisher as part of a major international restructuring. As a result of a new regional structure, WMI Chairman and CEO Patrick Vien will leave the company. WMG has established an Office of ...

  28. Tanous Upped At WMG

    May 13, 2008 12:00 AM EDT Will Tanous has been promoted to executive VP and chief communications officer for the Warner Music Group. Previously senior VP of corporate communications, Tanous will continue to lead the company's media relations, internal and external com ...

  29. Zubillaga Splits With WMG

    February 25, 2008 12:00 AM EST Warner Music Group executive VP, digital strategy and business development Alejandro (Alex) Zubillaga, will leave the company June 1 to "pursue entrepreneurial activities in media and other businesses," the music giant said today. His re ...

  30. 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 ...

  31. Blavatnik Resigns From WMG Board

    January 18, 2008 12:00 AM EST Len Blavatnik has resigned from Warner Music Group's board of directors. Blavatnik has served as a WMG director since March 2004. He told the company his executive responsibilities at Access Industries and travel schedule would prevent his co ...

  32. Zeppelin Goes Digital

    October 15, 2007 12:00 AM EDT Led Zeppelin will end its digital-music holdout when Warner Music Group makes the legendary rock outfit's entire catalog available to download from Nov. 13. All online music retailers will offer the group's full albums or a la carte down ...

  33. 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 ...

  34. WMG Combines Cordless, Rykodisc

    June 20, 2007 12:00 AM EDT Warner Music Group is partnering its digital label Cordless with Rykodisc, a move intended to give Cordless artists access to Rykodisc's staff and distribution while enhancing the digital offerings of Rykodisc. As part of the restructuring, K ...

  35. Ames To Head EMI Music North America

    April 26, 2007 12:00 AM EDT EMI has named former Warner Music Group chairman/CEO Roger Ames head of EMI Music North America. He will have offices in New York and Los Angeles and report to EMI CEO Eric Nicoli. Ames is familiar with EMI's operations. He has been serving a ...

  36. 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 ...

  37. Warner's Bronfman Sues Over Vivendi Pension

    April 11, 2007 12:00 AM EDT Warner Music Group chief executive Edgar Bronfman is suing his former employer Vivendi S.A. for cutting his pension payments by about 65%, according to a complaint filed in a U.S. District Court in Manhattan on Tuesday. Bronfman resigned from Vive ...

  38. WMG, Orascom Forge Mobile Deal

    February 14, 2007 12:00 AM EST Warner Music Group today unveiled a strategic partnership with international telecommunications company Orascom Telecom to deliver music-based content and services to consumers in the Middle East and North Africa. Mobile music products will be dis ...

  39. Blackstone Takes New Role Under Bronfman

    December 13, 2006 12:00 AM EST A seismic shift is taking place in the top ranks of Warner/Chappell Music. Richard Blackstone is to move from his post as chairman and CEO of Warner/Chappell Music to assume a new role as senior advisor to Edgar Bronfman, Jr., chairman and CEO of ...

  40. Bandier Officially Resigns From EMI Music Pub

    October 30, 2006 12:00 AM EST EMI Music Publishing chairman/co-CEO Marty Bandier formally announced his resignation this morning (Oct. 30). He told about 40 of the publisher's worldwide executives, gathered for a meeting in New Yo EMI Music Publishing chairman/co-CEO Mart ...

  41. Bandier Officially Resigns From EMI Music Pub

    October 30, 2006 12:00 AM EST EMI Music Publishing chairman/co-CEO Marty Bandier formally announced his resignation this morning (Oct. 30). He told about 40 of the publisher's worldwide executives, gathered for a meeting in New Yo EMI Music Publishing chairman/co-CEO Mart ...

  42. 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 ...

  43. 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 ...

  44. Warner Music Reports $14 Million Loss In Quarter

    August 03, 2006 12:00 AM EDT Warner Music Group Thursday (Aug. 3) revealed its fiscal third-quarter loss narrowed thanks to higher revenue and shrinking costs. For the quarter ended June 30, the loss was $14 million, or 10 cents Warner Music Group Thursday (Aug. 3) revealed i ...

  45. 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 ...

  46. New Sat Devices Targeted In Senate Hearing

    April 26, 2006 12:00 AM EDT Record, radio reps amonst those who testified. The Senate Judiciary Committee held a hearing today (April 26) on the future of the music industry in the digital radio revolution. But witnesses who testified, representing the record industry, the c ...

  47. New Board Member For WMG

    March 06, 2006 12:00 AM EST Michele J. Hooper has been elected to Warner Music Group Corp.'s board of directors. She will serve as an independent director on WMG's board and will sit on its audit committee. Michele J. Hooper has been elected to Warner Music Group C ...

  48. New Board Member For WMG

    March 06, 2006 12:00 AM EST Hooper joins as an independent director. Michele J. Hooper has been elected to Warner Music Group Corp.'s board of directors. She will serve as an independent director on WMG's board and will sit on its audit committee. Hooper, 54, is a ...

  49. Albertini Splits With WMI

    February 13, 2006 12:00 AM EST In a surprise move, Warner Music International chairman/CEO Paul-René Albertini has exited the company, with immediate effect. The French executive has been replaced by veteran U.S. broadcast exe In a surprise move, Warner Music Internati ...

  50. Albertini Splits With WMI

    February 13, 2006 12:00 AM EST In a surprise move, Warner Music International chairman/CEO Paul-René Albertini has exited the company, with immediate effect. The French executive has been replaced by veteran U.S. broadcast exe In a surprise move, Warner Music Internati ...

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