TITLE

TW changes its tune with Edgar Jr

AUTHOR(S)
Goldsmith, Jill; Gallo, Phil; Amdur, Meredith
PUB. DATE
November 2003
SOURCE
Daily Variety;11/21/2003, Vol. 281 Issue 36, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the amount offered by the investor group of music executive Edgar Bronfman Jr. for Warner Music Group Inc. in the U.S. Battle of the executive for the music company; Details of the deal; Challenges faced by the industry with declining sales and increased piracy.
ACCESSION #
11542299

 

Related Articles

  • Warner Music to pay $350 mil to investors. Learmonth, Michael // Daily Variety;10/5/2004, Vol. 285 Issue 2, p5 

    Reports on the announcement of Warner Music Group Inc. that it would pay back $350 to investors in the U.S. Distribution of the cash to investors including private equity investors who put up the bulk of the cash for the acquisition of the company from Time Warner Inc.; Comment of executive...

  • Warner says job cuts signal a 'realignment initiative'  // Music Week;5/19/2007, Issue 20, p3 

    The article focuses on job cuts announced by Warner Music Group. The company will lay off as many as 400 employees in 2007. Earnings results for the second quarter of 2007 were disappointing. Warner Music Chairman of the Board Edgar Bronfman Jr. blamed the lowered earnings and the layoffs on a...

  • WARNER MUSIC GROUP INC.: THE RECORDED MUSIC SEGMENT OF THE ENTERTAINMENT AND MEDIA INDUSTRY. Dembinskas, Algirdas; Mockler, Robert J.; Gartenfeld, Marc // Proceedings for the Northeast Region Decision Sciences Institute;2009, p128 

    In 2006, Edgar Bronfman Jr., the Chief Executive Officer of the Warner Music Group, had to develop a strategy to survive against the competition and declining sales in the recorded music industry. Companies in the recorded music industry had experienced decline in sales since the year 1999....

  • Bottom line.  // Music Week;5/20/2006, Issue 20, p2 

    The article reports on developments in the music industry. Chief executive officer Edgar Bronfman Jr. of Warner Music Group Inc. has addressed the gathering of entertainment, technology, business and creative leaders in Hong Kong. The Universal Music Group has settled with New York over...

  • Bronfman's group lands Time Warner record deal. Conniff, Tamara; Szalai, Georg // Hollywood Reporter -- International Edition;11/25/2003, Vol. 381 Issue 23, p1 

    Time Warner Inc. announced Monday that it will sell its Warner Music Group Inc. and Warner/Chappell Music Publishing to an Edgar Bronfman Jr.-led investment group in a deal worth $2.6 billion. The deal brings Bronfman, the former head of Seagram and the Universal Music Group, back into the music...

  • Execs commit to acts. Conniff, Tamara; Szalai, Georg // Hollywood Reporter -- International Edition;11/25/2003, Vol. 381 Issue 23, p1 

    Investment group head Edgar Bronfman Jr. and Warner Music Group Inc. (WMG) chairman and CEO Roger Ames said Monday that they plan to jointly lead the new WMG with a focus on artist development and old-fashioned independent spirit. At a time of industry wide consolidation and corporate...

  • FOOL'S GOLD FOR WARNER? Barrett, Christopher // Music Week;7/17/2010, Issue 28, p13 

    An interview with music journalist Fred Goodman is presented. When asked why he chose Edgar Bronfman as the subject of his book titled "Fortune's Fool: Edgar Bronfman Jr, Warner Music, and an Industry in Crisis," he states that Bronfman's decision to buy the Warner Music Group (WMG) Inc. caught...

  • Warner's Music Man. Jelveh, Zubin // Conde Nast Portfolio;Nov2008, Vol. 2 Issue 11, p42 

    The article reports on the acquisition of Time Warner's music business, Warner Music Group, by Edgar Bronfman Jr. and a group of private equity investors in an all-cash deal. The value of the deal was 2.6 billion U.S. dollars. Following the acquisition, Warner cut jobs, wages and company...

  • Here It Goes Again. Howe, Jeff; Alejo, Mauricio // Wired;Mar2009, Vol. 17 Issue 3, p19 

    The article focuses on the licensing fees of the music record labels. According to Chief Executive Officer of Warner Music Group Inc., Edgar Bronfman, the amount paid to the music industry, even though games are entirely dependent on the content they own and control, is far too small. However it...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics