November 25, 2003

Wine . . . and song: So what's next?

So AOL sold the Warner Music unit to Edgar Bronfman Jr. This guy is a real infinite player. Inherits the Seagram liquor empire and, rather than "get back to the core" or "focus on the mission" (of a booze maker??) or whatever would have been the safe and simple modus operandi, he unloads it. Gets into Vivendi (I think) then out. Now, after a season of rumors that he was back in the market for his birthright, this inheritor is in the music business again. He sees a long-term opportunity in this industry which has serious problems with its near century-old business model. Persisting.

I'm in no position to weigh judgment on whether his choices have been good or bad, since I've had absolutely no interest in obtaining detail on the deals let alone analysing it. Time and history will tell the tale. Having said that, the morphing and seeking are hallmarks of the infinite game, and I hope that he's successful at it.

Posted by Grayson at November 25, 2003 09:22 PM