Edgar Bronfman, Jr.
Edgar Bronfman, Jr. is Chairman of Warner Music Group (WMG), a broad-based music content company with interests in recorded music, music publishing and artist services. As Chairman of WMG’s Board of Directors, Bronfman is focused on defining and overseeing the company’s long-term strategy.
In 2004 Bronfman led a private investment group in its acquisition of WMG from Time Warner for $2.6 billion and, as Chief Executive Officer and Chairman, led the company's initial public offering on the New York Stock Exchange and its daily operations through August 2011.
Since then, Bronfman has guided WMG's transition from a traditional recorded music and music publishing company to a more diverse music content company. Under his management, WMG has established a leading position in the music industry's fast-growing digital marketplace and broadened its revenue streams by building a portfolio of artist services businesses and increasing the number of expanded rights partnerships with its artists. Over that time, WMG has grown from the fourth-largest to the third-largest music company in the world. In 2007 WMG achieved its highest U.S. album market share in ten years, and the Company has had the No. 1 label in the U.S. four times since 2004.
In 2011, Bronfman presided over the sale of WMG to Access Industries, a U.S.-based industrial group, for $3.3 billion.
Bronfman also serves as general partner at Accretive, LLC, a venture capital firm specializing in the business process outsourcing area. Before assuming his current position at WMG, Bronfman served as Chairman and CEO of Lexa Partners LLC, a management venture capital group based in New York City.
Bronfman serves on the board Accretive Health. He is Chairman of the Board of Endeavor Global, a non-profit organization pioneering a new approach to international development. Bronfman also serves on the boards of New York University Elaine A. and Kenneth G. Langone Medical Center and The Collegiate School, and is a member of the Council on Foreign Relations.