Quantcast

Add Edgar

TIMING IS EVERYTHING: Bronfman owes a special thanks to the WMG board for the $13 million in restricted stock, which he was only able to cash in because of the board's well-timed decision earlier this year to lower the price hurdle for the stock to vest, the Post’s Claire Atkinson notes. Under the original deal, Bronfman's restricted stock vested at prices at $10 and higher. That was well above Warner's stock price of $4.90 on Jan. 19, when the board reduced the vesting price to as low as $7. The next day, on Jan. 20, news broke that Warner Music had put itself up for sale, sending the shares up 27%. Paul Hodgson, a compensation expert with Governance Metrics International, said the timing of the board's decision to lower the vesting price was "extremely unusual and something we look out for carefully. It was tied to performance, and he didn't achieve the performance." (6/15a)

HITS LIST BLASTS OFF
Space is the place for Tay. (4/26a)
SONG STREAMS: SWIFT SETS STREAMING RECORD
What did you expect? (4/26a)
SPRING BREAKOUTS: THESE HEATERS ARE STILL HOT
Who's Boomin who. (4/26a)
SONG REVENUE: “SWEET” SMELLS OF SUCCESS
Life after "Church" (4/26a)
STAGECOACH: SETS TO SEE AND PLACES TO BE
Saddle up, cowboys and cowgirls. (4/26a)
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)