He has driven UMG to go after crucial reforms to streaming royalty styles that will concentrate on paying for real musicians. As well as he has actually resisted against fraud and those games the body.
He’s been complimented through clients, including Costs Ackman, whose mutual fund possesses 10 percent of the provider, for his calculated use of innovation to enhance the shape of the popular music organization. CEO of Universal Music Group
Lucian Grainge
As Leader as well as CEO of Universal Popular Music Team, Lucian Grainge influences a substantial quantity of the music globe’s electrical power. His tag roster flaunts superstar acts like Ariana Grande, Drake and Taylor Swift while his company transactions have actually created an amount of stability amongst the Big Three that’s seldom found in the business.
Grainge started his profession in 1986 when he released PolyGram Songs Publishing UK, at some point becoming one of the nation’s best 3 music authors. He after that signed up with Polydor in 1993 as General Supervisor of A&R, relocating up to Managing Director by 1997. He will become called Leader and chief executive officer of UMG’s UK branch in 2001.
Throughout his occupation, Grainge has started brand-new techniques to signing and also developing the popular music industry’s very most prosperous musicians as well as songwriters. He has actually additionally promoted the development of innovative service models as well as collaborations along with a variety of technology as well as media companies. A London local, Grainge obtained a knighthood from Queen Elizabeth II in 2016 as portion of her 90th Birthday Honours listing.
Jody Gerson
Jody Gerson matured listening to her parents’ plastic and reading lyric pieces from aged New York songwriters. Right now, as president of UMPG, she’s placing that exact same enthusiasm for songs right into your business of equipping musicians. Her calculated use technology has actually enhanced the sector. Financier Expense Ackman, that owns 10 per-cent of UMG through his organization Pershing Square Capital Monitoring, has actually likened her to Netflix’s Reed Hastings as well as Apple’s Steve Jobs.
She’s additionally leading UMG in to higher development markets, as well as pioneering its own efforts on sustainability, diversity, and incorporation. She lately tackled a board seat for She Is actually The Music, a company that champions women in the music market.
Billboard Publication Electrical Power Manager of the Many years
The music market’s international revenue rebounded to a file high in 2022, many thanks in sizable part to streaming and a revived show service. It was verification for Grainge, who rode UMG’s very early bank on digital advancement (like the EMI accomplishment) in to his duty as leader and also chief executive officer of the globe’s most extensive songs firm.
He proceeded his dream for the future through expanding the scope of what a music firm may be. Merchandising airfoil Blowing launched pop-up stores as well as direct-to-consumer sales methods, while an assets in movie and television led to the Academy Prize-winning documentary Amy, regarding the late singer-songwriter.
UMPG carries on to strengthen its songwriting roster via an around the world team that “presumes around the globe, behaves in your area” for brand new options, states Lioutikoff. The team has had the ability to help writers such as Kate Shrub enjoy a major comeback from her monitor “Managing Up That Hillside” along with a sensible synch placement in the 4th season of Netflix’s Complete stranger Things.
Signboard Journal Energy one hundred
Throughout 2024, he oversaw the growth of Universal Music’s U.K. circulation company, which now operates from a new stockroom northwest of Greater london. He likewise assisted release a streaming-focused label, ADA UK, and also scored smash hits with performers like Maisie Peters and also Fred again.
Grainge proceeded to describe his part as forerunner of the globe’s most extensive file tag, requiring an improved service version in his annual letter to UMG wage earners. He also recommended for an artist-centric strategy to streaming nobilities that will find to get rid of scams and boost payments.
The self-described aspect shield for realm’s lawful team led several of the year’s most significant deals, consisting of the $250 million sale of David Bowie’s posting and professional audios to Sony Popular music, and also Sting’s $500 million sale of his song magazine to UMG. He has likewise used his substantial authority to ensure social concerns such as weather stability and sustainable growth. Additionally, he spearheaded the provider’s venture into live music locations.
