warner music ceo compensation

[alocispepraluger102]

http://www.nytimes.com/aponline/business/A...agewanted=print

[The Magnificent Goldberg]

See? As soon as Ahmet Ertegun died, the company went to pot.

MG

[MoGrubb]

.... Edgar Bronfman Jr., chief executive of Warner Music Group Corp., received a compensation package in fiscal 2007 valued at $3.4 million, according to an analysis of documents filed Friday with the Securities and Exchange Commission.

.......

The executive, who has headed the company since 2004, declined to receive a cash bonus for the fiscal year ended Sept. 30, opting instead for the money to go toward other non-executive employees' bonuses, the company said.

This sounds like he did the right thing.

[JSngry]

Can somebody say Angelo Mozillo? :w :w

[T.D.]

I always got the impression that Edgar Bronfman jr. is a moron who basically ran the family's financial empire (Seagrams money) into the ground. There's a book on the Bronfmans, which I've considered reading but passed on because I don't really feel like researching Junior.

So I applaud Junior for seemingly doing the right thing compensation-wise this year, but I think the company's in practically the worst conceivable hands...

[Guest Bill Barton]

"The music business is a cruel and shallow money trench, a long

plastic hallway where thieves and pimps run free and good men die like

dogs. There is also a negative side." - Hunter S. Thompson

[The Magnificent Goldberg]

"The music business is a cruel and shallow money trench, a long

plastic hallway where thieves and pimps run free and good men die like

dogs. There is also a negative side." - Hunter S. Thompson

I've seen that quote before, Bill. Who was Hunter S Thompson?

Ah, just did what doesn't yet come naturally to me - Gooogled him.

MG

[GA Russell]

MG, do you get the Doonesbury comic strip in England? There is a character called Uncle Duke who is based on Thompson. Thompson's alter ego in his books was Raoul Duke.

[The Magnificent Goldberg]

MG, do you get the Doonesbury comic strip in England? There is a character called Uncle Duke who is based on Thompson. Thompson's alter ego in his books was Raoul Duke.

I don't know - I haven't read a newspaper since I retired.

MG

[JohnJ]

MG, do you get the Doonesbury comic strip in England? There is a character called Uncle Duke who is based on Thompson. Thompson's alter ego in his books was Raoul Duke.

The Guardian carries Doonesbury.