BigChampagne's Ultimate Chart (a/o February 10th):
1. “What Doesn't Kill You (Stronger),” Kelly Clarkson
2. “Set Fire to the Rain,” Adele
3. “Turn Me On,” David Guetta
4. “Rack City,” TYGA
5. “Good Feeling,” Flo Rida
6. “Smooth Criminal (Glee Cast Version),” Glee Cast
7. “Young, Wild & Free,” Snoop Dogg & Wiz Khalifa
8. “Domino ,” Jessie J
9. “Sexy and I Know It,” LMFAO
10. “Ass Back Home ,” Gym Class Heroes
Warner Music Group has now re-upped it chief executive and chairman Edgar Bronfman, Jr., according to recent regulatory filings. The refreshed agreement extends Bronfman until March 15th, 2013, and calls for automatic yearly renewals thereafter.
The refreshed contract will continue to bear rich dividends for Bronfman. Warner, a company struggling against rapid sales decreases, will guarantee Bronfman a base annual salary of $1 million, according to the paperwork. On top of that, Bronfman is poised to receive a "target bonus" of $3 million, and a maximum bonus of $6 million.
That preserves an existing employment arrangement, one that delivered Bronfman a handsome $3.4 million salary in 2007. The agreement also calls for the delivery of 2.75 million stock options, and the possible award of an additional 2.75 million performance-based restricted shares. On Wall Street, WMG closed at a depressed $5.15 on Monday after surviving a midday trough of $4.62.
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