Edgar Bronfman Jr. is stepping down as Chairman of Warner Music Group, but will still have a seat on the board. Looking back on the Bronfman years: “The transaction[s] worked out very well if you look at the Warner Music Group as private equity investment,” Richard Greenfield, a BTIG analyst told the NY Times. “But it never worked out as well in the public markets.”
- ASCAP has announced a major settlement over radio licensing. (FMQB)
MORE:
- Music as a Career Option for N.F.L. Veterans: The league is sponsoring its first-ever Business of Music Boot Camp in February. (The Fifth Down)
- RIAA and AAP File Amicus Brief in Righthaven Appeal. (EFF)
- 'How Music Affects the Brain and How You Can Use It to Your Advantage. (Lifehacker)
- 50 Cent Debuts His New Cans: Street And Sync By 50 via TechCrunch
