Canadian billionaire businessman Edgar M. Bronfman died Saturday. He was 84. Bronfman inherited the reins of the Seagrams biz empire in 1971 from his father Samuel and acted as Chairman and CEO. Son Edgar Bronfman Jr. later became CEO focusing on media investments and eventually lost entertainment interests including Universal Studios to Vivendi in 2000. Bronfman Sr. also served as the longtime President of the World Jewish Congress, the international organization which elected him in 1981. During his tenure Bronfman helped spearhead an initiative to grant restitution to Holocaust victims, resulting in a $1.25 billion settlement payout in 2000 from Swiss banks. He stepped down from his WJC post in 2007.
R.I.P. Seagram Scion Edgar M. Bronfman
What's Hot on Deadline
Latest Film News
- CAA Adds Maren Olson To Film Finance & Sales Group
- ‘Pawn Sacrifice’ Trailer: Bobby Fischer Vs. The World In Bleecker Street’s Chess Drama
- Robert E. Howard’s Conan The Barbarian, Kull And Other Creations Acquired By Fredrik Malmberg
- SXSW Comedy ‘Addicted To Fresno’ Lands At Gravitas Ventures
- Is Bollywood’s Eros International Preparing A Dealmaking Campaign?
- Joe Wright In Talks To Board ‘The Lifeboat’ With Anne Hathaway, Working Title & Focus Features