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Cashing in on Frank Sinatra but doing it his way
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Buffalo News - Found May. 15, 2008 Warner has two also: company Chairman and Chief Executive Edgar Bronfman Jr. (who led the investor group that bought the company from Time... |
Tanous Upped At WMG
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Radio and Records - Found May. 13, 2008 Tanous reports to WMG chairman Edgar Bronfman Jr., who said Tanous 'has been a key member of our executive team and plays an integral role in... |
Tanous promoted at Warner Music
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Variety - Found May. 13, 2008 ... and external communications, events and philanthropy activities, responsibilities he has had since Edgar Bronfman Jr. and his team acquired... |
Warner Music Group Corp. Reports Second-Quarter 2008 Results For The ...
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Music Industry News Network - Found May. 13, 2008 ... in A&R and leading the recorded music industry's transition through innovation and creativity,' said Edgar Bronfman, Jr., Warner Music Group's... |
They're doing it Frank Sinatra's way
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Calendar Live - Found May. 11, 2008 Warner has two also: company Chairman and Chief Executive Edgar Bronfman Jr. (who led the investor group that bought the company from Time... Sinatra anniversary prompts media blitz - UPI They're doing it Frank Sinatra's way - Los Angeles Times Film on Sinatra's life in works - London Free Press Rhino licensed to do things Sinatra's way - Financial Times Explore All |
New York Daily News |
GET A NEW LEASE ON THE HIGH LIFE
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New York Post - Found May. 11, 2008 ... this three-lot home - with a six-bedroom main house that was renovated in 2000 - was bought by Edgar Bronfman Jr. (inset) for $12.5 million... |
DOWNBEAT ON DEBT
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New York Post - Found May. 10, 2008 -- Warner Music boss Edgar Bronfman Jr.'s rainy-day plan to suspend the company's quarterly dividend in a bid to save cash set off a wave off ... |
Warner Music Sees Loss Widen In Fiscal Q2
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FMQB - Found May. 9, 2008 ... music industry's transition through innovation and creativity,' said WMG Chairman/CEO Edgar Bronfman, Jr. 'While an uncertain economic... Warner Music Still Declining - TheCelebrityCafe.com Warner Music Group 2Q loss widens on increased expenses - AP via Business Week Warner: digital sales climb, but losses continue - Macworld UK Warner Music Group 2Q loss widens on increased expenses - SignOn San Diego Explore All |
Corporate earnings roundup
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Los Angeles Times - Found May. 9, 2008 ... as a softening broader economy are negatively impacting the music industry,' Warner Music Chairman and Chief Executive Edgar Bronfman Jr. said. AIG Pleases The Shortsellers - Forbes.com AIG Shares Docked After Big Credit Losses - Smart Money UPDATE: AIG's Shares Fall In Pre-Open After Huge Loss, Tugging On ... - Morningstar.com UPDATE:AIG Posts $7.8 Billion Loss, Seeks Capital As Damage Mounts - Morningstar.com Explore All |
Warner Music Group 2Q loss widens on increased expenses
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The Sun News - Found May. 8, 2008 ... economy are negatively impacting the music industry,' Warner Music Chairman and Chief Executive Edgar Bronfman Jr. said during a conference... |
Edgar Bronfman Jr. Biography
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Edgar Bronfman Jr.
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| Edgar Bronfman, Jr. | |
Edgar Miles Bronfman, Jr.
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| Born | May 16, 1955 New York City, NY |
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| Occupation | CEO of Warner Music Group |
Edgar Miles Bronfman, Jr. (born May 16, 1955), formerly CEO of Seagram and vice-chairman of Vivendi Universal, has been CEO of Warner Music Group since 2004. He is the son of Edgar Miles Bronfman and the grandson of Samuel Bronfman, one of the most wealthy and influential Jewish families in Canada.
The Bronfman family gained its fortunes through the Seagram Company, an alcohol distilling company, but Edgar Jr. ("Efer" to friends) has gained his reputation by expanding and later divesting ownership of the Seagram company, as well as for pursuing more creative activities as a Broadway and film producer and songwriter.
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Early life
Edgar Jr. is the second of five children, and was indicated by his grandfather in 1971 as being suitable as the heir to the Seagram Company.
From his early days, Bronfman's interest in the arts was apparent. He was particularly active in school theatre, an interest his parents supported by donating to construct The Ann and Edgar Bronfman Theatre during a 1967 expansion at The Collegiate School, the prestigious private school in Manhattan which Edgar Jr. attended. Edgar Jr. and his classmates created a documentary film of the school that spawned the Collegiate Film Festival, an event that gained positive press in The Los Angeles Times and The Village Voice.
In the summer before his junior year in high school, Bronfman went to London to work on a feature film, arranged partly through his father's connections at MGM.
Education
Edgar Jr. was educated at The Collegiate School, a prep school in New York, but did not attend college.
Career
Bronfman proceeded to a brief career in entertainment in the 1970s as a film and Broadway producer. The summer before his final year of high school, in 1972, he was a credited producer on the film, The Blockhouse. Despite his inexperience, Bronfman's involvement was accepted because of his connections and access to financing. In return, he learned many of the tricks of the trade by watching his more experienced peers.
In 1973, Bronfman began a songwriting career under the pseudonyms Junior Miles and Sam Roman. He often collaborated with Bruce Roberts on songs like "Whisper in the Dark", which he gave to Dionne Warwick to record in thanks for introducing him to his first wife, Sherry.
His Efer Productions company was signed by Universal Studios in 1977 to a three-year movie production contract. He produced the unsuccessful film The Border, which starred Jack Nicholson.
In 1982, Bronfman returned to the Seagram Company, spending three months learning the ropes before moving to London to become managing director of Seagram Europe. In 1984, Bronfman returned to New York as President of the House of Seagram, the company's U.S. marketing division. By 1994 he became the Chief Executive Officer, where he began a move away from the traditional liquor business and into entertainment.
The first step in this diversification was the widely criticized sale of Seagram's stake in DuPont. In 1981, Edgar Bronfman, Sr., had sold Seagram's stake in Conoco to DuPont, in exchange for almost 25% of the chemical giant. This stake in DuPont, by 1995, represented about 70% of Seagram's total earnings. Nevertheless, Bronfman, Jr., acting as Seagram's CEO, approached DuPont about buying back its shares, a deal that DuPont wasted no time in closing.
With the proceeds of the $9 billion sale, Bronfman, Jr., went on an expansion into the entertainment business, in music through the acquisition of Polygram, and in film entertainment through MCA and Universal Pictures. However, the new entertainment conglomerate he created had a brief life, before needing a strategic partner. Bronfman, Jr., then led Seagram into a controversial all-stock acquisition by French conglomerate Vivendi in 2000. Bronfman, Jr., became chief of the new company, Vivendi Universal, but the Seagram company effectively lost control of its entertainment businesses. Meanwhile, the beverage division—the core of Seagram's business—was acquired by Pernod Ricard and Diageo. Seagram's for all intents and purposes ceased to exist.
In December 2001, Bronfman announced he was stepping down from an executive capacity at Vivendi Universal, but remaining as vice chair of the board.
On February 27, 2004, Bronfman finalized the acquisition of Warner Music Group and he has served as Chairman and CEO of the music company since that time.
In recent years, he has continued to dabble in songwriting and penned the hit song "To Love You More", which was recorded by Celine Dion, and Barbra Streisand's "If I Didn't Love You".
Bronfman Jr. is also a prominent philanthropist. He currently chairs the Board of Directors of Endeavor (nonprofit), an international development organization that finds and supports high-impact entrepreneurs in emerging markets.
Personal life
Against his father's wishes, Bronfman married his first wife, African American actress Sherri Brewer, in 1979 in New Orleans. The couple had three children together--Vanessa, Hannah, and Benjamin--before they divorced in 1991. In 1993, he married Clarissa Alcock, the daughter of Frank Alcock, a Venezuelan oil executive of British descent (see [1]). They have three children.
Bronfman's son, who is known as Ben Brewer, is the guitar player and vocalist for the New York-based alternative rock band The Exit. The band's first mass-released recording was the song "Susan" on the soundtrack of American Pie 2. The soundtrack was released on MCA, at the time part of the Vivendi Universal empire.
Music Piracy
Bronfman is a noted opponent of P2P technologies, and as CEO of Universal, helped lead the music industry's opposition to Napster, likening it to slavery and Soviet communism.[1] In late 2006 in an interview with Reuters, Bronfman caused a stir by admitting that his children have pirated music.[2] He claims to have punished the child, but wants the punishment to remain within the realm of the family.[3] Lately, Bronfman may have revised his judgement. During the GSMA Mobile Asia Congress, he told the audience that mobile operators should not make the same mistakes that the music industry has [4]:
| “ | We used to fool ourselves…We used to think our content was perfect just exactly as it was. We expected our business would remain blissfully unaffected even as the world of interactivity, constant connection and file sharing was exploding. And of course we were wrong. How were we wrong? By standing still or moving at a glacial pace, we inadvertently went to war with consumers by denying them what they wanted and could otherwise find and as a result of course, consumers won. | ” |
See also
References
- 2004: The Icarus Factor: The Rise and Fall of Edgar Bronfman Jr. by Rod McQueen (ISBN 0-385-65995-4)
- 2006: The Bronfmans: The Rise and Fall of the House of Seagram by Nicholas Faith (ISBN 0-312-33219-X)
- ^ Charles C. Mann. "The Heavenly Jukebox", The Atlantic Monthly, 2000-09-01.
- ^ "Will The Recording Industry Sue Edgar Bronfman For Downloading?", TechDirt, 2006-12-04.
- ^ Adam Reuters. "Interview: Warner Music Group boss Edgar Bronfman", Reuters, 2006-12-01.
- ^ Duncan Riley. "Warner Music Boss: We Were Wrong", techcrunch, 2007-11-14.
External links
- Speaking at Stanford
- "Edgar Bronfman Jr." in Hollywood Celebs
- The Unmaking of a Dynasty by Brian Milner, Cigar Aficionado Magazine
- Edgar Bronfman, Edgar Bronfman: Overrated father, misunderstood son (article in Slate)
- Bronfman Sells DuPont (article in McLean's)
- Edgar Bronfman, Jr. biography of Endeavor board of directors: Endeavor
Edgar Bronfman Jr. Videos and Clips
Description: Universal Studios Employee Video Directed by Matt Stone and Trey Parker13 min 44 sec Aug 30, 06When Edgar Bronfman Jr gained ownership of Universal Studios he got into some odd marketing campaign practices. One of which is this rare, employee orientation video, that enlightened people about how things were going to change under new management. It was comissioned to be written and directed by Matt Stone and Trey Parker, and it was, and Jr. didnt like it, so they scrapped it. Great satire, video includes appearances by Steven Spielberg, Demi Moore, Tracy Lords, James Cameron, Michael J. Fox, and Sylvester Stallone.