Warner Music Group Former CEO & Co-Founder of Waverley Capital: Edgar Bronfman Jr – Conviction, Family Business, & Knowing What You Already Have

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The Gstaad Guy Podcast 1h 4m 1 speaker 8 chapters transcribed 10 hours ago
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How did Edgar’s early film‑making experiences shape his career path?

Edgar Bronfman Jr. 0:00
How do you manage running a company, being married, having at the time six children? And I said, well, I gave up friends.
The Gstaad Guy 0:06
Edgar Bruntman Jr., the ex-CEO of Seagrum, Universal, and Warner Music. And today you run your own venture firm, Waverly.
Edgar Bronfman Jr. 0:12
One day on Friday afternoon, I get a call from Steven Spielberg. I says to me, listen, Edgar,
The Gstaad Guy 0:16
I really think you should read the script. over the weekend and call me on Monday because I really think your team is wrong on us. I mean that conviction in and yourself is what pushed your abilities to run these businesses simultaneously at one point.
Edgar Bronfman Jr. 0:26
In England, if you were under eighteen and you wrote a bad check, you couldn't be prosecuted. So I thought, okay, well worse comes to worse, I might have to write some bad checks. You know, I always like to say when they invented marriage, people died at thirty. In terms of things that I celebrate, the most important thing to me beyond my family is
Unknown 0:42
Around the world with your host, The Stad Guy, we welcome you back to the Stad Guy podcast, sharing stories of excellence with those in the know for those who just know.
The Gstaad Guy 0:55
Thank you so much for being here. Thank you for being on the Stadtgei podcast. Um, as many of our viewers know, you are Edgar Brontman Junior, the ex CEO of Seagrum, Universal, and Warner Music. And today you run your own venture firm, Waverly. Right. And you have achieved tremendous success in your career. You have experience as a founder, as a creative, and also as a family business operator. All which come with their very different and unique challenges. Uh and I've been lucky enough to know you since I was about thirteen years old. I shared a school bus with your kids and became very close friends with your kids, one in particular who is sitting right here. And we um built a a long friendship since then.
Edgar Bronfman Jr. 1:48
Well, uh I remember meeting you and and when we lived in London uh and you and uh Aaron went to school together, my wife and I became really friendly with your parents as well. That's and um it's been a long and very
The Gstaad Guy 2:01
happy family friendship. I would love to kick off this conversation. By learning a little bit about the life of Edgar before I had the chance of meeting you and learn a bit more about your path from growing up in a family where there was a likely an expectation of joining the family business, but then to my understanding, taking your own creative path instead straight out of college. I uh
Edgar Bronfman Jr. 2:36
I was one of those uh kids who well back in the day when um uh when I was young, uh what we called sleepaway camp uh was eight weeks. There there were no sort of three week or ten day options. It was eight weeks. And I hated every minute of every day there. Uh, I think I started when I was about nine going w away to camp and I there's just no charm to me, um unfortunately, in sleeping on the ground um or you know, going to an outhouse because there was no plumbing back in those days at camp. And I I just didn't I didn't like any of the activities really, except for sailing. And uh uh and so finally when I was fourteen Turning fifteen, uh, I I said to my dad, uh, look, I'm just not gonna go to camp again.
Edgar Bronfman Jr. 3:30
Again. I'm just not doing it. I mean, I'll work, I'll do anything, but just please don't don't send me to camp. I I can't go to camp. And it turned out that my father had invested in a film. Uh, that was shooting in uh London. And he got me a job as a T boy, what the what here would be in the US would be called a gopher, but there w at the time at least was called a T boy. And uh for ten pounds a week, but with I got breakfast and lunch on the set, um, I was just an errand boy. I and it's it's a great way to learn to get to know London, uh, because you I was not given cab money to go find they needed twine or they needed this or they needed that. And of course in those days, not only were there no mobile phones, there were no so you couldn't Google it.
Edgar Bronfman Jr. 4:20
You couldn't you just had to go search. And um it it was a lot of fun. I I really I loved it. Uh and I uh met a lot of wonderful people there.

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