Grainge

Universal Music Group (UMG), the world’s largest music rights company, recorded a stellar Q2, but the company isn’t resting on its laurels, and has embarked on an ambitious campaign to shift the music streaming business to an…

At Universal Music Group‘s Annual General Meeting on Thursday (May 11), UMG’s Board tabled a proposal to reappoint Sir Lucian Grainge as its Executive Director (a position he holds in addition to being the company’s Chairman and CEO) for a…

Universal Music Group‘s Board of Directors has extended the contract of Sir Lucian Grange to remain the company’s Chairman and Chief Executive Officer until May 1, 2028.Grainge’s new five-year deal mixes together components of cash and…

Sometimes industry Q&As are interesting by dint of who’s being interviewed. Sometimes they’re interesting because of what gets said.And sometimes, as was the case today (February 9), they’re extra-interesting because of who is asking…

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s…

Sir Lucian Grainge, Chairman and CEO of Universal Music Group, has said the way music streaming services pay labels and artists today has to change.Writing in a New Year note to staff today (January 11), obtained by MBW, Grainge said:…

Speaking to analysts on Universal Music Group‘s earnings call last week, UMG Chairman and CEO Sir Lucian Grainge pointed out that the publicly-traded firm achieved a significant milestone in Q3.The three months to end of September, noted…

Sir Lucian Grainge doesn’t do many interviews, so when he does speak publicly, it’s worth paying close attention to the man at the helm of the world’s largest music rights company.Grainge, the Chairman and Chief Executive Officer of…

Universal Music Group signed a fresh licensing agreement with Meta in Q2, has concerns over the user-centric (‘Fan Powered’) streaming payout model – and thinks it “inevitable” that rising interest rates are going to drive down valuations…

Homemade Projects founders Zach Friedman and Tony Talamo have been named Co-Presidents of independent record label 10K Projects.10K Projects was launched in 2017 by Elliot Grainge, and is the label that helped launch the careers of Trippie…