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Len says g'bye to Jr.

QUOTE OF THE DAY: “When I joined WMG’s Board in 2004, I watched Edgar take a neglected division of Time Warner and turn it into a paradigm of how a traditional media company could redefine itself for the digital age with a culture celebrating innovation and collaboration. It was his vision in transforming WMG into a progressive, modern music company that made WMG so attractive to Access. Given that vision and his years of expertise in the industry, as a director at WMG, he will continue to be an important part of our leadership and I look forward to his many future contributions.” —Len Blavatnik, in a memo to Warner employees following yesterday’s announcement that Edgar Bronfman is stepping down as Chairman. (12/6a)

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