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Posts Tagged “lyor cohen”

Upon hearing that Warner Music Group recorded-music bigwig Lyor Cohen had sold 23% of his stock in the company—and raked in a $6.8 million payday as a result—one former employee said to me, "If i still worked there, I'd consider setting the building on fire. What a boost for company morale." Not to mention stockholder morale—WMG is currently trading 8.5% lower than it did yesterday. Well, at least there's the dim future hope of all those Guitar Hero royalties, right, guys? [Reuters via WP]

2 comments

for the defense

Bob Lefsetz Thinks Lyor Cohen Is Doing A Great Job!

Idolator has already preemptively called "industry insider" Bob Lefsetz's impending insanity, but to be fair, he's bounced back well lately, with delightful, cutting-edge posts about listening to Led Zeppelin in the car, various Hall & Oates singles, and some SPORADICALLY capitalized THOUGHTS on American IDOL. However, Lefsetz subsequently decided to defend the tenure of Lyor Cohen, and something has to be said about that. More »

1:00 PM on Tue May 27 2008
By Dan Gibson
692 views, 11 comments

if i take a nap instead of posting, can i get a raise?

Lyor Cohen Gets A Raise, World Officially Insane

First, Edgar Bronfman, now his right-hand man, Lyor Cohen. You'd actually think that Warner Music Group was a successful organization in the midst of a growth industry, the way they're handing out raises to executives around there. While it's not an especially good time to be a WMG employee, if you're Lyor Cohen, Chairman and CEO, everything's coming up golden parachutes and roses. More »

9:30 AM on Fri Mar 21 2008
By Dan Gibson
725 views, 7 comments