Feeds

Google Music 'an oxymoron' - outbound Warner mogul

The thoughts of Chairman Bronfman

The essential guide to IT transformation

Outgoing media mogul Edgar Bronfman Jr has warned against the Universal-EMI merger – and taken a potshot at Google. Bronfman is stepping down as chairman of Warner Music, which was acquired by Russian entrepreneur Len Blavatnik last year.

Bronfman has a long history of antipathy with Universal, the world's largest record company. It was his idea, while CEO of booze-maker Seagram, to diversify the drinks empire into entertainment. The company acquired Universal and Polygram, but lost control of these when it was absorbed by Vivendi. Vivendi spun out the distillery biz and film studio (to NBC), but kept the record label. So here we are.

Bronfman unsuccessfully attempted to acquire EMI several times while at Warner. Now he says Universal's acquisition is bad for the industry, pointing out that a combined Warner and EMI would still have been smaller than Universal Music Group is alone. The proposed merger has met fierce resistance from the independent sector.

The outbound exec also had nice things to say about Steve Jobs, Spotify - a bit ironic since Warner held up music streaming for so long - and unbundling the album, which he said is good for consumers, even though it caused the music industry some pain.

He also called Google Music "an oxymoron".

There's more from his interview at an All Things Dull event here [click here for the video].

Not as fun as Neil Young, I think you might agree.

The early Bronfman family fortune was acquired distributing illegal products - liquor, to be specific - from Canada into the United States. The family bought the Seagram company after the end of Prohibition era. ®

5 things you didn’t know about cloud backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.