Edgar Bronfman Jr.

Edgar Miles Bronfman Jr. (born May 16, 1955) is an American businessman, filmmaker, theater producer, and media executive who is a managing partner at Accretive LLC.

Bronfman expanded and later divested ownership of the Seagram Company, and also worked as a Broadway and film producer, and songwriter[4] under the pseudonyms Junior Miles and Sam Roman.

[citation needed] In December 2001, Bronfman announced he was stepping down from an executive capacity at Vivendi Universal, but remaining as vice chair of the board.

Access is controlled by Russian-born billionaire Len Blavatnik, a former board member and still-substantial shareholder of WMG at the time of the purchase announcement.

[15][16] In February 2017, it was reported that Meredith Corp. and a group of investors led by Bronfman Jr. were considering pursuing Time Inc.[17] He is currently the chairman of Endeavor,[18] an international non-profit development organisation that supports entrepreneurs.

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.

"I very much wanted for him to end the relationship, because I told him, all marriages are difficult enough without the added stress of totally different backgrounds", Bronfman Sr. wrote in his memoirs.

On January 21, 2011, Bronfman was found guilty in French court of insider trading as Vivendi chief and received a 15-month suspended sentence and a €5m fine.

[30] At the height of file sharing service Napster's popularity, Bronfman was a leading opponent of the illegal use of peer-to-peer technology.

As CEO of Universal, he helped lead the music industry's opposition to Napster, likening it to slavery and Soviet communism.

[31] In 2006, WMG was the first major media company to create a business model around user-generated content and, more recently, has been pushing for ways to monetise the popularity of P2P networks on college campuses.

[32][33] In late 2006 in an interview with Reuters, Bronfman caused a stir by admitting that his children have copyright infringing music.

We expected our business would remain blissfully unaffected even as the world of interactivity, constant connection and file sharing was exploding.

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.In 2010 Bronfman changed his philosophy on the music industry's online business models, stating that he does not support free advertising supported models.

He said that WMG will focus on promoting services that require payment, that will appeal to the population that already pays for downloads in stores such as iTunes.

[37] The 'get all your music you want for free, and then maybe with a few bells and whistles we can move you to a premium price' strategy is not the kind of approach to business that we will be supporting in the future.

Edgar Bronfman Jr. celebrating Ralph Lauren 's 40th Anniversary at the Conservancy Garden, Central Park, New York City, 2007