He has actually pressed UMG to go after vital reforms to streaming royalty versions that will certainly concentrate on paying for real performers. And also he has fought back against fraudulence and also those pc gaming the body.
He’s been actually applauded by entrepreneurs, consisting of Expense Ackman, whose mutual fund has 10 percent of the business, for his key use of technology to reshape the music organization. Sir Lucian Grainge
Lucian Grainge
As Leader and also Chief Executive Officer of Universal Music Group, Lucian Grainge controls a substantial quantity of the music globe’s energy. His tag roster boasts superstar simulate Ariana Grande, Drake and Taylor Swift while his organization ventures have made a degree of reliability among the Big 3 that is actually rarely viewed in the business.
Grainge began his profession in 1986 when he introduced PolyGram Songs Printing UK, inevitably turning into one of the nation’s top three popular music publishers. He then signed up with Polydor in 1993 as General Manager of A&R, going up to Managing Supervisor by 1997. He will become called Leader and also chief executive officer of UMG’s UK branch in 2001.
Throughout his career, Grainge has actually spearheaded brand new strategies to finalizing and also developing the songs market’s very most prosperous performers as well as songwriters. He has additionally promoted the progression of cutting-edge organization designs as well as partnerships along with a wide array of modern technology as well as media providers. A Greater london citizen, Grainge obtained a knighthood from Queen Elizabeth II in 2016 as part of her 90th Special day Honours list.
Jody Gerson
Jody Gerson matured paying attention to her parents’ vinyl fabric and also reading verse pieces from old Nyc songwriters. Currently, as head of state of UMPG, she is actually placing that exact same interest for popular music right into the service of equipping musicians. Her tactical usage of modern technology has actually reshaped the business. Real Estate Investor Bill Ackman, that possesses 10 per-cent of UMG via his agency Pershing Square Financing Monitoring, has actually likened her to Netflix’s Reed Hastings and also Apple’s Steve Jobs.
She’s also leading UMG right into high growth markets, and also directing its own attempts on durability, variety, and introduction. She recently tackled a panel seat for She Is The Music, an association that champs females in the songs field.
Billboard Publication Energy Executive of the Decade
The music market’s worldwide profits recoiled to a report high in 2022, thanks in big part to streaming and a brought back performance service. It was actually recognition for Grainge, who used UMG’s early bank on electronic innovation (like the EMI achievement) in to his task as chairman as well as ceo of the world’s most extensive music business.
He proceeded his dream for the future by increasing the range of what a music provider may be actually. Merchandising wing Bravado released pop-up shops and also direct-to-consumer purchases techniques, while an investment in movie as well as TV triggered the Academy Acclaimed film Amy, regarding the overdue singer-songwriter.
UMPG continues to reinforce its own songwriting roster via an around the world group that “believes globally, acts regionally” for brand new options, says Lioutikoff. The group has had the capacity to aid authors such as Kate Plant experience a significant renewal from her track “Running Up That Hillside” with a wise synch positioning in the 4th period of Netflix’s Unfamiliar person Traits.
Billboard Publication Energy one hundred
In the course of 2024, he oversaw the growth of Universal Popular music’s U.K. distribution company, which right now works coming from a brand-new storage facility northwest of London. He likewise helped release a streaming-focused label, ADA UK, and also scored smash hits with artists like Maisie Peters as well as Fred once again.
Grainge continued to define his role as forerunner of the globe’s most extensive report tag, requiring an updated company style in his yearly character to UMG staffers. He additionally promoted for an artist-centric technique to streaming royalties that would certainly seek to get rid of scams and also increase payouts.
The self-described point player for EMPIRE’s legal team led some of the year’s most significant bargains, consisting of the $250 thousand sale of David Bowie’s printing and also master audios to Sony Songs, as well as Sting’s $five hundred million sale of his song catalog to UMG. He has additionally utilized his significant clout to promote social concerns including weather reliability as well as maintainable growth. In add-on, he headed the firm’s endeavor right into online music centers.
