Lucian Grainge is the president of Universal Music Team, the planet’s most significant document firm and also worldwide home to super star songwriters. He has actually helped supervise songs’s amazing come back to growth in latest years.
He has fought for artists’ rights with crucial reforms with DSPs like Deezer and Spotify, while handling fraud and also gaming the device. His International respect and beauty cover a tough competitive fire. Lucian Grainge CEO of Universal Music Group
Lucian Grainge
A North London citizen, Sir Lucian Grainge was actually knighted in 2016 through Britain’s Queen Elizabeth II for his leadership of international imaginative fields as well as payments to British organization and also inner assets. He joined PolyGram Music Publishing UK in 1986 and also increased through the rankings to come to be Managing Supervisor of the label’s Polydor division as well as, in 2001, Chairman as well as CEO of Universal Popular Music Team International, overseeing UMG’s operations beyond the USA.
In his 2023 New Year’s keep in mind, he paid attention to pushing for streaming nobility reform as well as a forward-looking policy in dealing with AI developments to aid musicians keep their rights. He likewise honored the firm’s several job pressures and also foundations that fight for health and wellness and also wellness, temperature change as well as sustainability as effectively as ensure copyright security for inventors.
The popular music mogul keeps it in the family, permitting his boy to lead 10K Projects, a new tag home to such work as Trippie Redd, Iann Dior and also Jeleel!
Jody Gerson
As chairman and also CEO of UMPG, the international printing department of Universal Popular music Group, Jody Gerson is actually one of music’s most appreciated and accomplished execs. She has actually enhanced the company in to a billion-dollar business as well as the most ideal worldwide home for songwriters. Considering that taking control of in 2015, UMPG’s yearly revenues have actually improved by 40%.
She has authorized and also nurtured the occupations of significant ability like Alicia Keys, Norah Jones, Elton John, BANKS, Adele, Carly Simon, Taylor Swift, Billie Eilish, Kendrick Lamar, Coldplay, Quavo and Message Malone. She additionally started She Is actually The Music, a non-profit promoting impartiality and also addition for ladies in music.
Yet Grainge have not been actually without controversy in the last few years. His public standoff with TikTok over aristocracies as well as AI policies led to the firm silencing manies thousand of tracks on the application. As well as he is actually been criticized for charging ahead with a big payment to investors regardless of a substantial lot of all of them denying the planning at final year’s AGM.
Billboard Magazine Power Manager of the Years
Grainge is widely viewed as the most significant manager in songs. He drew in Costs Ackman’s Pershing Square Financing Monitoring (which possesses 10 percent of UMG) and also Chinese specialist giant Tencent to his business, which is actually booming with the help of such smash hits as Drake’s Scorpion and also Article Malone’s beerbongs & bentleys.
In enhancement to the file tags, he is actually committed in electronic services like the creation/sampling firm Splice and also ticketing app Dice. However it is actually the performer lineup that obtains one of the most focus: The sort of Ice Spice, Maggie Rogers, Troye Sivan as well as Doechii are one of those whose appeal has actually increased on platforms such as YouTube as well as TikTok due to UMG’s tactical assets in social-media stations.
Grainge threw market knowledge to purchase EMI when popular music appraisals were actually dropping. He’s a ruthless advocate for his performers as well as an awesome competitor. On revenues telephone calls, he sounds more like a London taxi dispatcher than a president, yet anyone that underestimates him will certainly reside in for an impolite waking up.
Billboard Honors
The Billboard Awards honor performers for their obvious achievements on the graphes, making use of true records rather than opaque committees or even confidential ballots. The fee honors service is the only one of its kind. It additionally provides an assortment of other unique activities including the Advertising board Female in Popular Music, Billboard Latin Songs Full Week as well as Billboard Live, linking artists with supporters coming from throughout the world.
Grainge, in his annual New Year’s memo to staff, likewise proclaimed the primary’s artist projects, which he said “confirmed that UMG remains in a leadership position when it relates to shaping essential market initiatives.” He especially led to the success of streaming royalty versions as well as the battle versus fraudulence.
He included that UMG was actually blazing a trail on ethical artificial intelligence, releasing a private-sector alliance along with Chabaka Songs in the MENA location as well as building brand-new partnerships with technician firms. He additionally suggested the business’s improvement in high growth markets as well as advancing worldwide projects in health as well as wellness, durability and also the environment.