As my other obligations are beginning to take an inordinate amount of time, I have asked to step down as WMG's board chairman, effective January 31, 2012. However, I will remain a director of the company and in that way, continue my association with Warner Music and its extraordinary people.
![As my other obligations are beginning to take an inordinate amount of time, I have asked to step down as WMG's board chairman, effective January 31, 2012. However, I will remain a director of the company and in that](http://cdn.quoteddaily.com/images/edgar-bronfman-jr/as-my-other-obligations-are-beginning-to-take-an-inordinate-amount-of-time-i-have-asked-to-step-down-as.jpg)