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
'Saturday Night Live' Hits Season High Ratings With Tom Hanks, Lady Gaga & More Donald Trump & Hillary Clinton
Latest Film News
- ‘Jack Reacher’ Cuffs $31M; ‘Girl’, ‘Inferno’, ‘Peregrine’ At Milestones – Intl…
- ‘Ouija: Origin Of Evil’: The Newton Brothers Talk Their Horror Film Score
- 'Moonlight' & ‘Michael Moore In TrumpLand' Top 2016 Theater Averages – Specialty B.O.
- ‘Madea’ To Push Well Past $27M As ‘Jack Reacher’ Takes $22M to $23M; ‘Joneses’ Can’t Keep Up – Sun…
- Matthew McConaughey To Be Honored At Napa Valley Film Festival
- Dan Porter, WME’s Head Of Digital, To Exit Agency