And “they’ve suffered the consequences.” Whatever that’s supposed to mean.
At the Reuters’ Summit, Edgar Bronfman was asked if his kids steal music:
“I’m fairly certain that they have, and I’m fairly certain that they’ve suffered the consequences.”
Other interesting tidbits from the Summit (full coverage here): Bronfman says WMG is diving head-first into online advertising deals in online video plays. They’ve been gettin’ with YouTube, I wonder if they’ve got it in for Revver and others as well.
Looking to invest in media stocks? The experts at the summit are looking towards News Corp, Apple and Disney.
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Well, this sets a new legal precedent! Does it mean Warner Music lawyers will now give downloaders a "stern talking-to" instead of suing them blind?
(*SATIRE*)