It’s not quite the end of an era – Edgar Bronfman Jr will remain a non-executive director of Warner Music Group – but he is stepping down from his chairman role at the music company. The Financial Times suggests the move may “help Warner argue more aggressively with regulators that Universal Music should not be allowed to acquire EMI’s recorded music division without large disposals”, given Bronfman’s central role in previous attempts to merge WMG and EMI.
The news follows Bronfman’s decision to step aside from the chief executive job at Warner in August, and just weeks after the details of EMI’s sell-off were announced. Bronfman will relinquish the chairmanship on 31 January, but WMG has not announced who will be replacing him.
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…