Lucian Grainge is the primary exec of Universal Popular music Team, the planet’s most significant file provider and global home to superstar songwriters. He has aided supervise songs’s impressive come back to growth in the last few years.
He has fought for artists’ liberties along with crucial reforms along with DSPs like Deezer as well as Spotify, while taking on scams and also pc gaming the system. His International civility and also charm conceal a fierce affordable fire. CEO of Universal Music Group
Lucian Grainge
A Northern London local, Sir Lucian Grainge was actually knighted in 2016 through Britain’s Queen Elizabeth II for his management of global creative business as well as contributions to British service and also internal expenditure. He signed up with PolyGram Music Publishing UK in 1986 and also rose via the rankings to come to be Managing Supervisor of the tag’s Polydor department and also, in 2001, Chairman and also CEO of Universal Songs Team International, supervising UMG’s procedures beyond the United States.
In his 2023 New Year’s note, he paid attention to pushing for streaming aristocracy reform and also a forward-looking plan in confronting AI advances to help musicians keep their civil rights. He likewise lauded the firm’s a lot of commando and foundations that combat for health and wellness and well-being, environment improvement and durability along with market copyright defense for developers.
The music magnate keeps it in the loved ones, enabling his child to lead 10K Projects, a new label home to such acts as Trippie Redd, Iann Dior and also Jeleel!
Jody Gerson
As chairman and also chief executive officer of UMPG, the worldwide posting department of Universal Songs Group, Jody Gerson is among music’s most valued as well as completed managers. She has actually transformed the provider into a billion-dollar business as well as the most effective international home for songwriters. Due to the fact that taking control of in 2015, UMPG’s yearly revenues have actually boosted through 40%.
She has authorized and supported the professions of major skill like Alicia Keys, Norah Jones, Elton John, BANKS, Adele, Carly Simon, Taylor Swift, Billie Eilish, Kendrick Lamar, Coldplay, Quavo as well as Blog Post Malone. She likewise founded She Is actually The Popular music, a non-profit championing equality and also addition for girls in music.
Yet Grainge have not lacked conflict recently. His social standoff along with TikTok over nobilities and also AI plans caused the company muting 1000s of tracks on the app. And also he is actually been actually slammed for demanding ahead with a massive payout to shareholders in spite of a substantial amount of all of them denying the program finally year’s AGM.
Billboard Magazine Electrical Power Exec of the Years
Grainge is actually largely deemed the most essential exec in popular music. He drew in Expense Ackman’s Pershing Square Financing Monitoring (which owns ten percent of UMG) and also Chinese technology giant Tencent to his company, which is prosperous with the help of such favorites as Drake’s Scorpion and also Article Malone’s beerbongs & bentleys.
Aside from the record labels, he’s committed in electronic companies like the creation/sampling provider Splice and ticketing app Dice. But it’s the performer lineup that acquires the best interest: The similarity Ice Flavor, Maggie Rogers, Troye Sivan and also Doechii are among those whose appeal has taken off on systems like YouTube and TikTok due to UMG’s key financial investment in social-media networks.
Grainge bucked market understanding to purchase EMI when popular music assessments were plunging. He is actually a relentless proponent for his musicians as well as an impressive rival. On profits telephone calls, he appears even more like a London taxi dispatcher than a president, however any person who undervalues him will certainly be actually in for an insulting waking up.
Advertising board Awards
The Advertising board Awards recognize artists for their indisputable accomplishments on the graphes, using clean records as opposed to opaque boards or concealed ballots. The premium honors service is actually the a single of its own kind. It also provides an assortment of other unique activities featuring the Billboard Women in Popular Music, Billboard Latin Popular Music Week and Billboard Live, linking artists along with enthusiasts from across the planet.
Grainge, in his annual New Year’s memo to staff, additionally touted the primary’s performer projects, which he stated “verified that UMG resides in a leadership position when it happens to molding crucial business initiatives.” He especially suggested the success of streaming royalty designs as well as the fight against fraudulence.
He incorporated that UMG was breaking the ice on honest artificial intelligence, releasing a private-sector collaboration along with Chabaka Music in the MENA location as well as shaping new partnerships with specialist providers. He additionally suggested the provider’s progression in higher development markets and also progressing global efforts in health and wellness as well as health, sustainability and the setting.