He has actually driven UMG to pursue crucial reforms to streaming nobility styles that will certainly pay attention to spending actual artists. And also he has dealt with back versus fraudulence and those gaming the system.
He is actually been actually praised by entrepreneurs, consisting of Costs Ackman, whose hedge fund possesses 10 per-cent of the firm, for his tactical usage of innovation to enhance the songs company. Lucian Grainge
Lucian Grainge
As Chairman as well as CEO of Universal Songs Team, Lucian Grainge regulates a sizable amount of the popular music globe’s electrical power. His label roster flaunts super star acts like Ariana Grande, Drake and Taylor Swift while his organization transactions have produced an amount of security amongst the Big Three that’s rarely observed in the business.
Grainge started his career in 1986 when he launched PolyGram Songs Publishing UK, eventually coming to be one of the nation’s best 3 music publishers. He after that signed up with Polydor in 1993 as General Manager of A&R, relocating up to Dealing with Supervisor through 1997. He would become called Chairman as well as CEO of UMG’s UK division in 2001.
Throughout his career, Grainge has started new strategies to finalizing as well as building the songs industry’s very most productive performers and songwriters. He has likewise championed the advancement of cutting-edge business designs and also partnerships with a wide range of innovation and also media business. A London native, Grainge received a knighthood from Queen Elizabeth II in 2016 as aspect of her 90th Birthday Accolades list.
Jody Gerson
Jody Gerson matured listening to her parents’ plastic and reading lyric slabs from aged The big apple songwriters. Right now, as president of UMPG, she’s putting that very same passion for music in to business of enabling performers. Her key use of innovation has enhanced the industry. Entrepreneur Bill Ackman, who owns ten every penny of UMG by means of his organization Pershing Square Capital Management, has likened her to Netflix’s Splint Hastings and also Apple’s Steve Jobs.
She is actually also leading UMG into higher development markets, as well as initiating its own attempts on sustainability, range, as well as addition. She lately took on a board seat for She Is actually The Popular music, an association that champions females in the popular music sector.
Billboard Publication Electrical Power Executive of the Many years
The popular music sector’s global earnings recoiled to a record high in 2022, thanks in huge part to streaming as well as a rejuvenated concert organization. It was recognition for Grainge, that rode UMG’s very early wager on digital innovation (such as the EMI achievement) right into his duty as leader and chief executive officer of the globe’s biggest songs company.
He proceeded his vision for the future through increasing the range of what a songs business may be. Merchandising wing Bravado introduced pop-up outlets and also direct-to-consumer purchases methods, while an assets in film and also television caused the Institute Award-winning film Amy, concerning the overdue singer-songwriter.
UMPG carries on to boost its own songwriting roster via a globally group that “believes globally, functions in your area” for new options, points out Lioutikoff. The crew has had the ability to assist authors like Kate Shrub reap a primary comeback from her keep track of “Running Up That Hill” along with a savvy synch placement in the 4th period of Netflix’s Unfamiliar person Factors.
Advertising Board Magazine Power 100
During the course of 2024, he oversaw the expansion of Universal Popular music’s U.K. circulation organization, which now runs coming from a brand-new warehouse northwest of London. He also helped introduce a streaming-focused label, ADA UK, and also scored fine performers such as Maisie Peters and also Fred once again.
Grainge continued to determine his part as leader of the planet’s largest document tag, asking for an updated service style in his yearly letter to UMG wage earners. He likewise promoted for an artist-centric technique to streaming royalties that will seek to deal with fraudulence as well as increase payouts.
The self-described point protection for EMPIRE’s legal team led some of the year’s biggest packages, including the $250 thousand sale of David Bowie’s publishing and also professional audios to Sony Music, as well as Sting’s $500 thousand purchase of his track magazine to UMG. He has actually likewise used his sizable influence to advertise social concerns such as environment security and also maintainable advancement. On top of that, he initiated the firm’s project into online songs resources.