.

Edgar Bronfman Stepping Down as Warner Music Chair

Move follows his departure as CEO earlier this year

December 5, 2011 4:30 PM ET
Edgar Bronfman Jr., chief executive officer of Warner Music Group
Edgar Bronfman Jr., chief executive officer of Warner Music Group
Antoine Antoniol/Bloomberg via Getty Images

Edgar Bronfman, Jr., will step down from his position as chairman of the board at Warner Music Group on January 31st. Earlier this year the executive relinquished his role as the company's CEO. Bronfman, previously the CEO of liquor giant Seagram and vice chairman of Vivendi Universal, will stay on as a board director.

The announcement comes on the heels of last month's sale of EMI in a two-part deal to Sony and Universal. Bronfman had been eager to acquire the rival record company and was said to be disappointed by his inability to forge a deal.

In May, Warner Music was sold to Access Industries for $3.3. billion. After leaving Universal, Bronfman engineered the purchase of Warner Music from Time Warner for $2.6 billion in 2004. 

Related
How the Universal-EMI Deal Will Change the Music Industry

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here

prev
Music Main Next

blog comments powered by Disqus
Daily Newsletter

Get the latest RS news in your inbox.

Sign up to receive the Rolling Stone newsletter and special offers from RS and its
marketing partners.

X

We may use your e-mail address to send you the newsletter and offers that may interest you, on behalf of Rolling Stone and its partners. For more information please read our Privacy Policy.

Song Stories

“Promiscuous”

Nelly Furtado with Timbaland | 2006

This club-oriented single featuring Timbaland, who produced Nelly Furtado's third album, Loose, was Furtado’s sexy return after the Canadian singer's exploration of her Portuguese heritage on Folklore. "In the studio, initially I didn’t know if I could do it, 'cause Timbaland wrote that chorus," Furtado said. "I'm like, 'That's cool, but I don't know if I'm ready to do full-out club.'" The flirty lyrics are a dance between a guy and girl, each knowing they will end up in bed together but still playing the game. "Tim and I called it 'The BlackBerry Song,' she said, "because everything we say in the song you could text-message to somebody."

More Song Stories entries »
 
www.expandtheroom.com