Tag Archive for Lyor Cohen

Could Cohen’s Chute Collapse?

golden-parachute-fail copy

According to a report in today’s New York Daily News, Lyor Cohen “has been secretly developing a talent management company for the past two years while working at Warner”. The report goes on to say that Cohen “is so private about his new business venture that [an] insider says he only refers to his new company by a ‘nonsensical’ code name in emails and phone calls”.

Blavatnik Fights Back

L&L

Just when I was starting to get really, really bored with the record industry, Christmas came early for me. Aside from the UMG/EMI merger, which I’ll address in a later post, our favorite music industry thug has left the building.…

Warner, Sony Picking Up The Pieces

christmas-bonus

Lucian Grainge and Universal Music’s surprise acquisition of EMI Music big-footed the competition. Now Warner Music, desperate to stay alive after posting huge losses, is in talks with Sony for a distribution deal. The once prestigious super hip label is now an embarrassing shadow of its former self, the caretakers having sullied a legacy of artistic integrity.

Is This Guy Roger Faxon’s New Boss?

sean-parker

Industry sources tell me that Sean Parker is working furiously behind the scenes with Ron Burkle’s Yucaipa Companies to put together a winning bid for EMI. According to insiders, Parker really wants this to happen. The main competition seems to be…

Cain & Abel At Warner Music

Goobye Junior, hello Lyor?

When Warner Music announced that Junior Bronfman was getting kicked upstairs and being replaced as CEO by sexagenarian Stephen Cooper, a turnaround specialist and long-time Blavatnik associate, could mark the beginning of the end for Junior as well as the…

Warner Music Plundered Again

golden-parachute

If you’ll recall, in my post yesterday I made reference to Lyor Cohen’s platinum-lined golden parachute and his claim that Warner pays big bucks to attract and retain “the very finest, most seasoned, most creative, thoughtful, transformative” executives in the…