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WMG's Edgar Bronfman Jr. On 'Risk Capital' And Artist Exploitation

NEW YORK (Hypebot) – "Fundamentally, we are the risk capital. We're prepared to take the capital risk on a new artist and we're building a company so that we can exploit on behalf of the artist all the revenue streams that are made possible by that initial investment."

– CEO Edgar Bronfman Jr. on signing half of the Warner Music Group's artists to 360 deals in an extensive Financial Times Interview.

Link to Finanical Times interview.