Warner Music Group

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Bronfman fined in Vivendi insider trading case

A French court fined Warner Music Group Chairman and CEO Edgar Bronfman Jr. 5 million euro ($6.7 million) on Friday for misleading investors about the Vivendi media conglomerate when he was a top executive there.

The court also convicted former high-flying Vivendi CEO Jean-Marie Messier of misusing company funds and misleading investors and handed him a three-year suspended prison sentence. Get the full story »

Band sues for ‘In-A-Gadda-Da-Vida’ royalties

Bloomberg News | Psychedelic rock band Iron Butterfly has sued Warner Music Group to recover royalties of at least $236,549  from their 1960s anthem “In-A-Gadda-Da-Vida.”