Free BookFortune Fool Edgar Bronfman Jr. Warner Music and an Industry in Crisis

Free Fortune Fool Edgar Bronfman Jr. Warner Music and an Industry in Crisis

Free Fortune Fool Edgar Bronfman Jr. Warner Music and an Industry in Crisis

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Book Details :
Published on: 2014-10-18
Released on: 2014-10-18
Original language: English

In 1999, when Napster made music available free online, the music industry found itself in a fight for its life. A decade later, the most important and misunderstood story—and the one with the greatest implications for both music lovers and media companies—is how the music industry has failed to remake itself. In Fortune’s Fool, Fred Goodman, the author of The Mansion on the Hill, shows how this happened by presenting the singular history of Edgar M. Bronfman Jr., the controversial heir to Seagram’s, who, after dismantling his family’s empire and fortune, made a high-stakes gamble to remake both the music industry and his own reputation. Napster had successfully blown the industry off its commercial foundations because all that the old school label heads knew how to do was record and market hits. So when Bronfman took over the Warner Music Group in 2004, his challenge was to create a new kind of record executive. Goodman finds the source of the crisis in the dissolution of the old Warner Music Group, the brilliant conglomerate of Atlantic, Elektra, and Warner Bros. Records. He shows how Doug Morris, the head of Atlantic Records, rose through the ranks and rode the CD bonanza of the 1990s to enormous corporate and personal profit before becoming embroiled in an ego-driven corporate turf war, and how all of Warner’s record executives were blindsided when AOL/Time-Warner announced in 2003 that it wanted nothing more to do with the record industry. When the music group was finally sold to Bronfman, it was a ghost of itself. Bronfman built an aggressive, streamlined team headed by Lyor Cohen, whose relentless ambition and discipline had helped build Def Jam Records. They instituted a series of daring initiatives intended to give customers legitimate online music choices and took market share from Warner’s competitors. But despite these efforts, illegal downloads still outnumber legitimate ones 19–1. Most of the talk of a new world of music and media has proven empty; despite the success of iTunes, even wildly popular sites like YouTube and MySpace have not found a way to make money with music. Instead, Warner and the other labels are diversifying and forcing young artists to give them a cut of their income from touring, publishing, and merchandising. Meanwhile, the average downloader isn’t even meeting forward-thinking musicians halfway. Each time a young band finds a following through music websites, it’s a unique story; no formula has emerged. If one does, Warner is probably in a better position than anyone to exploit it. But at the end of the day, If is the one-word verdict on Bronfman’s big bet. Career JobsAndCareer.com career advice tips news and discussion is coming soon More Career Information. Salaries; Interview Questions ; Sample Resumes; Jobs Salaries Average Salary & Jobs Pay From millions of real job salary data. 0 salary data. Average salary is Detailed starting salary median salary pay scale bonus data report META-INF/MANIFEST.MFname/audet/samuel/shorttyping META-INF/MANIFEST.MFname/audet/samuel/shorttyping/ShortDictManager$BufferedStream.classname/audet/samuel/shorttyping/ShortDictManager.classname/audet/samuel ... Benjamin Fulford Reports - AntiMatrix Fair Use Notice: Note on delayed publication of full reports as soon as they come out; Watch out for disinformation! Responsibilities of a reporter Scavini Petro: Theologia Moralis Universa Pio IX ... JESUS FASTENING MOFFETT SHUSTER MORTARS Garbhn Tintorero SOLTAU GAUTHREAUX Yocemento SUSPECTS' PINCKNEY UNPRESERVED DRINKER LEACHMAN JABBING WEAK FONTENOT PARALEGAL ... Is Alex Jones Linked To Zionist-Jew Bronfman ... - Real ... Is Alex Jones Linked To Zionist-Jew Bronfman? Alex Jones Articles. IS ALEX JONES LINKED TO ZIONIST-JEW BRONFMAN? By Brother Nathanael Kapner Copyright 2009-2014 Loot.co.za: Sitemap 9781845117474 1845117476 An Introduction to Medieval Jewish Philosophy Daniel Rynhold 9780078693311 0078693314 Jamestown Education: Terra Nov BLOODLINES OF THE ILLUMINATI by Fritz Springmeier (one - WHALE 3. The Collins Bloodline. The next family in our series of articles on the top 13 Illuminati families is the Collins family. The first two have been the Astor family ... Interview Questions and Answers Job Interview Tips ... Job interview questions and sample answers list tips guide and advice. Helps you prepare job interviews and practice interview skills and techniques. Loot.co.za: Sitemap 9780194788847 0194788849 Oxford Bookworms Library: Level 1: Pocahontas Tim Vicary 9781436799652 1436799651 Catalogue of the Greek Coins of Troas Aeolis and Lesbos ...
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