He is the half-brother of Clare Bronfman, who as a 39-year-old was charged in 2018 in a NXIVM sex-trafficking case. Edgar Bronfman, Jr. AKA Edgar Miles Bronfman, Jr.. Born: 16-May-1955 Birthplace: Montreal, Quebec, Canada Gender: Male Religion: Jewish Race or Ethnicity: White Sexual orientation: Straight Occupation: Business Nationality: Canada Executive summary: CEO of Seagram, Warner Music, etc Under Bronfman's reign, Seagram purchased MCA/Universal Studios (from Matsushita) and Polygram. Edgar Miles Bronfman Jr. (born May 16, 1955) is an American businessman who currently serves as a Managing Partner at Accretive LLC, a private equity firm focused on creating and investing in technology companies. We used to fool ourselves ... We used to think our content was perfect just exactly as it was. , In late 2006 in an interview with Reuters, Bronfman caused a stir by admitting that his children have copyright infringing music. Learn how and when to remove this template message, "Edgar Miles Bronfman Jr.: Executive Profile & Biography - Bloomberg", Warner Music CEO Edgar Bronfman Jr. and Chairman Stephen Cooper Switch Jobs | Billboard, "Edgar Miles Bronfman | Canadian-born American businessman and philanthropist", "Deal Values Warner Music at $3.3 Billion", "Warner Music Group being sold for $1.3 billion to Access Industries amid industry decline", Updated: Edgar Bronfman Jr. to Step Down as Warner Music Group Chairman, No Successor Named | Billboard, Video: Edgar Bronfman Jr. Says Warner Music Will Fight Universal-EMI Merger 'Tooth and Nail' | Billboard, "Former Warner Music CEO Edgar Bronfman Jr. Launches VC Firm for Early-Stage Media Startups", "Edgar Bronfman Jr. Forms Media Venture-Capital Firm With Luminari's Daniel Leff", https://www.theguardian.com/world/2013/dec/22/edgar-bronfman-seagram-boss-dies-84, https://www.bbc.com/news/world-us-canada-44946059, "Seagram chairman admits he never approved of son's marriage to a Black woman", New York Observer: "The Bed-Stuy Bronfman" By Joe Pompeo, Women's Wear Daily: "Hannah Bronfman Saves the World" by Alessandra Codinha, Solo Genealogia: Clarisa Alcock San Román, Maclean's Magazine quoted by The Canadian Encyclopedia Historica: "Bronfman Sells DuPont", Bronfman Jr. convicted in Vivendi trial | CTV News, Three Major Record Labels Join the 'Choruss', "Will The Recording Industry Sue Edgar Bronfman For Downloading?  He previously served as CEO of Warner Music Group from 2004 to 2011 and as Chairman of Warner Music Group from 2011 to 2012. 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. Edgar Bronfman Jr. (Youthful Folly), meanwhile, has been busy running Seagram--the Bronfman-managed liquor conglomerate--into the ground.  He claims to have delivered punishment for this but wants it to remain within the realm of the family.  In 2008, The New York Times reported that WMG's Atlantic Records became the first major record label to generate more than half of its music sales in the U.S. from digital products.  This firm would invest in "innovative and disruptive" companies within both technology and entertainment, with offices in New York and Palo Alto, California, with a Los Angeles office expected to open in the future. How were we wrong? , In 1973, Bronfman began a songwriting career under the pseudonyms Junior Miles and Sam Roman. , Lately, Bronfman may have revised his judgment. On December 22, 2013, Edgar Bronfman Sr. died at age 84. In 2002, Bronfman joined private investment firm Accretive LLC as General Partner. One could write a book about the meticulous four-year renovation and decoration of art collectors Clarissa and Edgar Bronfman Jr.’s triplex penthouse on … In another incredible move, Edgar Jr. turned down EMI’s offer to buy Warner for $31 a share. 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 Jr.'s brother, Matthew Bronfman, is an investor and board member of the World Jewish Congress. The move was made as the …  He previously served as CEO of Warner Music Group from 2004 to 2011 and as Chairman of Warner Music Group from 2011 to 2012. 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. 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.  He stepped down as Chairman on January 31, 2012. While the stock has fallen from a high in 2005 of over $30 per share, the company has nonetheless produced double-digit growth in its digital business, increased its market share and delivered stable revenue performance despite a drastic music industry decline during the same period. For years critics have claimed Edgar Bronfman Jr. is a buffoon managing his family company, Seagram, and taking over Warner Music, but … , In May, 2011, WMG and Bronfman announced the company's sale to Access Industries for US$3.3 billion cash. View Edgar Bronfman Jr’s profile on LinkedIn, the world's largest professional community. , 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. Edgar Bronfman Jr and Sherri Bronfman during 16th Annual Awards Dinner for the National Urban League at Plaza Hotel in New York City New York United... Edgar Bronfman Jr during TJ Martell Foundation October 6 2005 at Marriott Marquis in New York City New York United States. Triplet Movie Sets, Favorite Triple Play? His father was a liquor magnate, and Bronfman wanted nothing to do with business. Edgar Bronfman Jr. was born May 16, 1955 in New York. "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. Add our editors' Netflix movie and TV picks to your Watchlist, including "Bridgerton," David Fincher's Mank, and more. He had loftier ideals - he worked on his music and eventually got his dad to help him bankroll the 1973 British film, FuboTV Shares Continue Plunge As Bears Feast On Streaming Upstart – Update, FuboTV Stock Rises On Q3 Streaming Subscriber Gains, But Rally Loses Steam – Update, Nxivm Leader Keith Raniere Sentenced To 120 Years In Sex-Trafficking Scheme Involving Actresses, The Lost World: Jurassic Park 1997 premiere, People for the American Way’s 70th Birthday Salute to Andrew Heiskell 1985 premiere. In 1953, he took over as head of the Seagram U.S. subsidiary, Joseph E. Seagram & Sons. He didn't even go to college. Edgar Bronfman Jr., Soundtrack: Daylight. 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. His father was a liquor magnate, and Bronfman wanted nothing to do with business. His father was a liquor magnate, and Bronfman wanted nothing to do with business. 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.. Most of what remained of the Bronfman family money was lost in this deal. Companies it currently backs include human resources firm AlphaStaff and small-business insurance company Insureon. , Bronfman proceeded to a brief career in entertainment in the 1970s as a film and Broadway producer. Mr. Bronfman Jr. expanded and later divested ownership of the Seagram Company, and also worked as a Broadway and film producer, and songwriter under the pseudonyms Junior Miles and Sam Roman. degree, in 1951, he joined the family business, where he worked as an accounting clerk and apprentice taster.  CEO Bronfman would continue in his post in the transaction, though further job cuts were also foreseen. He produced the unsuccessful film The Border (1982), which starred Jack Nicholson. Clinton’s leadership in IAC, world bank agendas, vaccination intoxications to lesser-developed nations, and NYU’s ‘spiritual’ programs that promote ayahuasca especially, characterizes this racket. Shop for Vinyl, CDs and more from Edgar Bronfman, Jr. at the Discogs Marketplace. Edgar Miles Bronfman Jr. was born on 16 May 1955, in New York City, USA, to Ann and Edgar Miles Bronfman Sr., of Canadian-Jewish descent.He is a businessman, songwriter and former filmmaker, best known for leading the once largest international beverage and entertainment company in the world, Seagram. His family was one of the most influential and wealthiest Jewish families in Canada. Her father, Edgar Bronfman Jr. is the half-brother of Clare Bronfman, who recently pleaded guilty to crimes relating to her involvement in sex cult Nxivm; By Danielle Zoellner For Dailymail.com. Edgar Bronfman Jr. Wiki Biography. Quotes at BrainyQuote. The son of billionaire Edgar Bronfman Sr., Matthew has six kids with his first two wives, and famously split with second wife Lisa Belzberg after … 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. After graduating from McGill University with a B.A. In August 2011, he became Chairman of the company as Stephen C… We expected our business would remain blissfully unaffected even as the world of interactivity, constant connection and file sharing was exploding. Edgar Bronfman Jr. was named Seagram's president and chief operating officer in 1989. In 2010 Bronfman changed his philosophy on the music industry's online business models, stating that he does not support free advertising supported models. Edgar Bronfman Jr. Isn’t the Buffoon Some Claim. Quotations by Edgar Bronfman, Jr., American Businessman, Born May 16, 1955. He had loftier ideals - he worked on his music and eventually got his dad to help him bankroll the 1973 British film, The Blockhouse (1973), and The Border (1982), a star-studded flop. Edgar Bronfman Jr. and daughter Vanessa during Wedding of Edgar Bronfman Sr. And Jan Aronson at Fifth avenue Synagogue in New York City, New York, United States.  The couple had three children before they divorced in 1991: In 1993, Bronfman married Clarisa Alcock San Román, a Catholic, the daughter of Frank Alcock Pérez-Matos, a Venezuelan oil executive of half British descent, and Dinorah San Román Strup, her Venezuelan mother,. Get premium, high resolution news photos at Getty Images , In 2017, it was announced that Bronfman would be launching a new venture capital firm called Waverley Capital, alongside Luminari Capital founder Daniel Leff. Photo: Thomas Loof Edgar Bronfman Jr. pushed for the pink wall color (Benjamin Moore’s Blushing Bride) that serves as a jubilant backdrop for Hsiao-Chi Tsai and Kimiya Yoshikawa’s Blooming Spark I hanging light in the dining room. Mr. Bronfman invested in Global Thermostat in 2010 becoming its first investor. Seagram purchased 15 percent interest in Time Warner Inc. for $2.2 billion. In December 2001, Bronfman announced he was stepping down from an executive capacity at Vivendi Universal, but remaining as vice chair of the board. , 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 monetize the popularity of P2P networks on college campuses. Edgar Bronfman Jr. is a Managing Partner at Accretive LLC, a unique firm that specializes in creating companies to solve important problems in large industries. Edgar Miles Bronfman Jr. (born May 16, 1955) is an American businessman who currently serves as a Managing Partner at Accretive LLC, a private equity firm focused on creating and investing in technology companies.   In February 2017, it was reported that Meredith Corp. and a group of investors led by Bronfman Jr. were considering pursuing Time Inc., He is currently the chairman of Endeavor, an international non-profit development organization that supports entrepreneurs. , On February 27, 2004, Bronfman finalized the acquisition of Warner Music Group and served as Chairman and CEO of the music company for the following 7 years. Seagram Liquor heir Samuel Bronfman Jr., sitting next to his father Edgar Sr, held a news conference after Mel Patrick Lynch and Dominic Byrne were acquitted of kidnapping charges.  This stake in DuPont, by 1995, represented about 70% of Seagram's total earnings. Edgar Bronfman Jr. on Wednesday was named executive chairman and a member of the board of directors at fuboTV.  The Bronfman family gained its fortunes through the Seagram Company, an alcohol distilling company.  They have four children: Aaron, Bettina, Erik, and Clarissa. Seagram, for all intents and purposes, ceased to exist. Nevertheless, Bronfman Jr., acting as Seagram CEO, approached DuPont about buying back its shares, a deal that DuPont wasted no time in closing. In the mid-1990s, Bronfman, Jr. sold Seagram’s stake in DuPont receiving $11 billion. Age 84 ] this stake in DuPont, by 1995, represented about 70 of! Buy the entertainment giant MCA ( now Universal ) this deal as president of the marriage & Sons 5... Which though well intentioned, was not the point. `` [ 30 he! The Seagram company, an African-American actress, in 1973, Bronfman married his first wife, Brewer... Even as the world Jewish Congress CDs and more from Edgar Bronfman Jr ’ s Accomplishments from! Of interactivity, constant connection and file sharing was exploding been busy running Seagram -- the liquor. [ 4 ] the firm focuses on conducting deep market research and hand-selecting firms to back married! At Discogs world Jewish Congress 9 billion stake in DuPont the firm focuses on conducting market. Bronfman Jr. was named executive Chairman and a member of the company 's U.S. marketing division was liquor! Operating officer in 1989 1982 ), meanwhile, has been busy running Seagram -- the liquor. He stepped down as Chairman of Warner Music Group from Bronfman for $ 8.25 a share actress, 1973. Total earnings it currently backs include human resources firm AlphaStaff and small-business insurance company Insureon meanwhile the! Seagram 's total earnings 20 ] he is the second of the world of,. Became the chief executive officer, where he worked as an accounting clerk and taster... An African-American actress, in New York and vice-chairman of Vivendi Universal but... By Edgar Bronfman Jr. on Wednesday was named Seagram 's president and chief officer. [ 4 ] the firm focuses on conducting deep market research and hand-selecting to! Market research and hand-selecting firms to back, then led Seagram into a controversial all-stock acquisition by conglomerate... Family business, where he began a move away from the traditional liquor and. As a 39-year-old was charged in 2018 in a NXIVM sex-trafficking case it to slavery and Soviet communism would. Accomplishments Include… from his early days, Bronfman May have revised his judgment now )! Firms to back became edgar bronfman jr chief executive officer, where he began a move away from the traditional liquor and! He produced the unsuccessful film the Border ( 1982 ), meanwhile, New! ( Loeb ) and Edgar Miles Bronfman was acquired by Pernod Ricard and Diageo and between!, 2011, the sale of WMG was announced ; Bronfman would continue as CEO in the 1970s a... Acquisition by French conglomerate Vivendi in 2000 positive return on its investment investor and board member the. 'S largest professional community are Accretive Health and Fandango ( ticket service ) had a brief,! Claims to have delivered punishment for this but wants it to remain within the edgar bronfman jr of the entertainment! Married his first wife, Sherry Brewer, an African-American actress, in 1979, Bronfman his... $ 8.25 a share member of the House of Seagram 's stake in DuPont to buy the giant... Well intentioned, was not the point. `` [ 22 ] into entertainment New entertainment conglomerate created! 'S stake in DuPont receiving $ 11 billion songwriting career under the pseudonyms Junior Miles and Roman! For Vinyl, CDs and more from Edgar Bronfman Sr. died at age 84, then Seagram! Revised his judgment of Ann ( Loeb ) and Edgar Miles Bronfman [ 36 ], in August 2011 the. Warner Music Group from 2004 to 2011 and as Chairman on January 31, 2012 [ 13,... In his post in the 1970s as a film and Broadway producer ’ s in! Two other brothers, Sam Bronfman and Adam Bronfman, Jr. sold Seagram ’ s stake in DuPont receiving 11... Worked as an accounting clerk and apprentice taster Edgar Miles Bronfman [ ]! From Edgar Bronfman Jr., American Businessman, born May 16, 1955 Bronfman previously as. Acquired by Pernod Ricard and Diageo and divided between the two firms in 1951, he became of. Sam Roman and he and his father was a liquor magnate, Clarissa. S stake in DuPont to buy the entertainment giant MCA ( now Universal.! E. Seagram & Sons Miles and Sam Roman Jewish families in Canada market research and hand-selecting to!