Any time you can give consumers more of what they want, it’s a good thing. Unbundling the album is a good thing. In the case of music – because it is content that you can slice into songs – doing that is of huge benefit to consumers. Edgar Bronfman, Jr. Read Quote
It’s interesting that the book publishing industry, on the iPad, has much more flexibility than the music industry had. Edgar Bronfman, Jr. Read Quote
By packaging a full album into a bundle of music with ringtones, videos and other combinations and variations, we found products that consumers demonstrably valued and were willing to purchase at premium prices. And guess what? We’ve sold tons of them. Edgar Bronfman, Jr. Read Quote
I made the decision when I came to Seagram that it had to be OK that my public persona would be bad. It’s the downside of a family business: anything good is because I’m somebody’s son; otherwise, I’m a schmuck. Edgar Bronfman, Jr. Read Quote
And since discriminating fans can pick and choose exactly what they want to buy, artists and their labels are more conscious than they’ve ever been of making sure that every song on a new album is as good as can be. Edgar Bronfman, Jr. Read Quote
If you look at the market cap increase in Apple since it created the iPod versus what’s happened to the music industry, you have to say Apple got the better part of that deal. Edgar Bronfman, Jr. Read Quote
Any time that you can give the consumer more of what they want, it’s a good thing. I said from Day 1 that the unbundling of the album is a good thing. Edgar Bronfman, Jr. Read Quote
You need to look no further than Apple’s iPhone to see how fast brilliantly written software presented on a beautifully designed device with a spectacular user interface will throw all the accepted notions about pricing, billing platforms and brand loyalty right out the window. Edgar Bronfman, Jr. Read Quote
The history of the music industry is inevitably also the story of the development of technology. From the player piano to the vinyl disc, from reel-to-reel tape to the cassette, from the CD to the digital download, these formats and devices changed not only the way music was consumed, but the very way artists created it. Edgar Bronfman, Jr. Read Quote
As my other obligations are beginning to take an inordinate amount of time, I have asked to step down as WMG’s board chairman, effective January 31, 2012. However, I will remain a director of the company and in that way, continue my association with Warner Music and its extraordinary people. Edgar Bronfman, Jr. Read Quote
