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Vivendi,the conglomerate that owns Universal is "lead" by Edgar Bronfman who just had to have a movie studio/recording biz.You know the old saw about the first generation earns it,the second burns it- well this guy is the poster child.
His family made gazzillions during Prohibition supplying Canadian booze to US bootleggers.In fact Joe Kennedy made his fortune with them.Seagrams was a very prosperous,cash rich corporation until Egdar Jr. got his mitts on it and blew most of it on aquiring Vivendi.Now that his family's 's net worth is only measured in millions,not billions they have to hold out for every possible $$ they can wring from his bad investment so music fans get the shaft,makes me embarassed he's Canadian.