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Quote of the week: top record label exec

By Kelli Richards
July 2, 2007 | Comments: 1

Despite plunging CD sales and a sour stock performance, Warner Music Group chairman Edgar Bronfman, Jr. displayed strong optimism during an interview last Wednesday. "This decline is steeper than we expected, but in some ways it means we'll get to the bottom faster -- and after that there's growth," Bronfman said during a discussion on CNBC. That's one way of looking at things. Hmm.....discuss.

1 Comments

David Battino said:

Heh. I thought the quote was going to be from the British label rep who said, “The artist formerly known as Prince should know that with behaviour like this he will soon be the artist formerly available in record stores.”

As Chris Randall at Analog Industries points out, music fans will remember (and enjoy) Prince far longer than they’ll remember buying chunks of plastic.

July 3, 2007 1:16 AM