Jac Holzman: A Deep Dive
A look into the life of Jac Holzman
The reason I picked to deep dive Jac was because he was influential in the creation of MTV and in an inverview before Kurt Cobain dies, he states that they sold out to MTV and they have to appear or they threaten their family.
Jac Holzman
Born: September 15, 1931
Children: 3 Including Adam Holzman
Random Facts:
He held amateur radio callsign K2VEH.
Jac Holzman is an American record executive. He is the founder of the record labels Elektra Records and Nonesuch Records. Holzman helped commercially launch the CD and home video formats, as well as the pilot program which became MTV. He was inducted into the Rock and Roll Hall of Fame in 2011.
Holzman was born to a Jewish family, the son of a Manhattan doctor.
He founded Elektra Entertainment as a small independent folk label in his St. John’s College dormitory room in 1950, with $600.
In 1968, he approved Elektra Records’ Paxton Lodge, the experimental recording studio where Jackson Browne first recorded.
He signed such acts as the Doors, Queen (US only), Love, Josh White, Tim Buckley, Carly Simon, the Stooges, MC5, Harry Chapin, and Bread to Elektra and discovered folk singer Judy Collins. In 1964, Holzman served as executive producer for 13 stock sound effect libraries titled Authentic Sound Effects which generated $1.5 million ($15.2 million in 2024 dollars) in sales giving Elektra further financial security;\
Until 1972, he was a director of Pioneer Electronics Japan, helping that company, and Warner Bros., adopt the compact disc and Laserdisc. Holzman helped to establish both the WEA Distributing Corp (Warner-Elektra-Atlantic Distributing Corp) and WEA International.
In 1973, Holzman was appointed senior vice president and chief technologist for WCI. Holzman guided the company into home video and the first interactive cable television system, QUBE.
Holzman also went on to acquire Discovery Records.
Holzman was a member of the board of Atari, one of the first video game companies, which was acquired by WCI in 1976; during this time the revolutionary Atari 2600 was released.
In 1979, Holzman became the nexus between ex-Monkee Michael Nesmith and John Lack of Warner Cable. He persuaded Lack to meet with Nesmith who had been nursing an idea for a program he called PopClips. Holzman thought that Nesmith’s notion of building a TV structure around that idea made real sense.
In 1982, following the death of president and founder Robert Gottschalk, Holzman took charge of Panavision, a wholly owned subsidiary of Warner Bros. Discovery and turned that financially troubled company around.
In 1986, he formed FirstMedia, an investment firm which acquired Cinema Products Corporation, the maker of the Oscar-winning Steadicam camera stabilization system.
In 1991, through FirstMedia, Holzman acquired the Discovery, Trend and Musicraft jazz labels from the estate of Albert Marx, which was also acquired by Warner Music Group in 1993.
After Edgar Bronfman Jr. and a group of investors acquired Warner Music Group from Time Warner Inc. in 2004, Bronfman brought Holzman back to WMG, reuniting him with the company that he had helped to found with Ahmet Ertegun and Mo Ostin. Although Holzman’s work at Warner Music covers a range from mentoring executives and future planning, his first project was the creation of an on-line label, Cordless Recordings introduced in late 2005. Cordless gave bands space to hone their art and grow without the expectations and cash outlays associated with a major label.
In April 2016, Steve Cooper, CEO of Warner Music Group, announced Jac Holzman as the Senior Technology Advisor to WMG: “a wide-ranging technology ‘scout’, exploring new digital developments and identifying possible partners.”
In June 2018, Holzman launched a new venture named “Cosmic Ringtones & Sonic Realms... Your Universe Is Calling”. Curated and produced by Holzman, the collection included a series of instrumental pieces composed, performed, and recorded by his son Adam. The album was released on Holzman’s FM Group Music label, distributed by ADA.
In 1973 he built a home in Hawaii, after Elektra merged with Warner. The move was inspired by the film Holiday, where at that time he was mostly reading instead of listening to music.