Lucian Grainge is the ceo of Universal Music Group, the globe’s biggest report firm and also global home to superstar songwriters. He has actually aided supervise popular music’s impressive come back to growth in recent times.
He has battled for performers’ legal rights along with crucial reforms along with DSPs like Deezer as well as Spotify, while tackling scams and also video gaming the device. His International civility and attraction conceal an intense reasonable fire. Lucian Grainge family
Lucian Grainge
A N. Greater london citizen, Sir Lucian Grainge was actually knighted in 2016 by Britain’s Queen Elizabeth II for his management of worldwide creative markets and contributions to British company and also inner assets. He participated in PolyGram Music Posting UK in 1986 and also increased through the rankings to become Taking care of Director of the label’s Polydor department and also, in 2001, Chairman and CEO of Universal Songs Team International, supervising UMG’s procedures away from the USA.
In his 2023 New Year’s details, he paid attention to promoting streaming aristocracy reform as well as a progressive policy in facing AI advancements to help musicians preserve their rights. He likewise lauded the business’s numerous commando and also bases that battle for health and health, climate improvement as well as durability as properly as market copyright defense for makers.
The songs tycoon maintains it in the family, allowing his son to lead 10K Projects, a brand new label home to such function as Trippie Redd, Iann Dior as well as Jeleel!
Jody Gerson
As chairman and also CEO of UMPG, the worldwide printing branch of Universal Songs Group, Jody Gerson is actually one of songs’s very most recognized and completed execs. She has actually completely transformed the business in to a billion-dollar organization and also the greatest international home for songwriters. Given that taking control of in 2015, UMPG’s annual profits have actually boosted through 40%.
She has actually authorized and nourished the jobs of major talent like Alicia Keys, Norah Jones, Elton John, BANKS, Adele, Carly Simon, Taylor Swift, Billie Eilish, Kendrick Lamar, Coldplay, Quavo and also Blog Post Malone. She also started She Is The Music, a non-profit championing impartiality and also addition for ladies in music.
However Grainge have not done without conflict in the last few years. His public standoff with TikTok over royalties as well as AI plans triggered the firm muting thousands of tunes on the app. And also he’s been actually slammed for asking for ahead of time along with a massive payout to shareholders despite a considerable variety of all of them declining the program at final year’s AGM.
Advertising Board Publication Electrical Power Manager of the Decade
Grainge is commonly considered as the best vital executive in music. He brought in Bill Ackman’s Pershing Square Capital Management (which has ten percent of UMG) and also Chinese technician giant Tencent to his company, which is actually flourishing due to such smash hits as Drake’s Scorpion as well as Message Malone’s beerbongs & bentleys.
Besides the document labels, he’s acquired electronic companies like the creation/sampling company Splice as well as ticketing application Cube. But it is actually the performer roster that obtains one of the most attention: The likes of Ice Flavor, Maggie Rogers, Troye Sivan and Doechii are one of those whose popularity has actually increased on platforms including YouTube and also TikTok because of UMG’s key investment in social-media stations.
Grainge bucked market knowledge to acquire EMI when popular music valuations were nose-diving. He is actually a ruthless supporter for his performers and an awesome competition. On earnings calls, he sounds additional like a London taxi dispatcher than a primary executive, yet any person that underestimates him will be in for an impolite waking up.
Signboard Honors
The Signboard Awards honor musicians for their obvious achievements on the graphes, making use of pure data instead of cloudy boards or even unrevealed ballots. The fee honors ceremony is actually the just one of its own kind. It likewise supplies a variety of other special celebrations including the Advertising board Female in Popular Music, Advertising Board Latin Popular Music Full Week and also Advertising board Live, linking musicians along with enthusiasts from all over the planet.
Grainge, in his annual New Year’s memo to staff, likewise boasted the significant’s artist campaigns, which he mentioned “showed that UMG resides in a management placement when it concerns shaping vital sector efforts.” He particularly indicated the excellence of streaming nobility versions and also the battle versus fraud.
He incorporated that UMG was leading the method on reliable AI, launching a private-sector relationship with Chabaka Music in the MENA area and also shaping new relationships along with technician companies. He additionally suggested the provider’s progress in higher growth markets and evolving worldwide projects in health and health, sustainability as well as the atmosphere.