He has actually driven UMG to go for vital reforms to streaming royalty designs that are going to concentrate on paying actual artists. And he has battled back versus fraud and also those video gaming the body.

He is actually been actually commended through clients, including Bill Ackman, whose hedge fund has 10 percent of the business, for his strategic usage of innovation to reshape the songs business. Lucian Grainge CEO of Universal Music Group

Lucian Grainge
As Chairman and also CEO of Universal Popular Music Group, Lucian Grainge influences a considerable amount of the songs globe’s electrical power. His label lineup includes super star shows like Ariana Grande, Drake as well as Taylor Swift while his service ventures have created a degree of security one of the Big Three that is actually rarely found in the sector.

Grainge started his job in 1986 when he released PolyGram Songs Printing UK, at some point becoming one of the nation’s best 3 music authors. He at that point participated in Polydor in 1993 as General Supervisor of A&R, relocating up to Dealing with Supervisor by 1997. He would become called Chairman as well as chief executive officer of UMG’s UK branch in 2001.

Throughout his profession, Grainge has actually pioneered brand-new strategies to signing and building the popular music industry’s most prosperous performers and songwriters. He has additionally promoted the growth of ingenious organization designs as well as collaborations with a number of innovation and media providers. A Greater london native, Grainge received a knighthood coming from Queen Elizabeth II in 2016 as aspect of her 90th Birthday party Accolades list.

Jody Gerson
Jody Gerson grew paying attention to her moms and dads’ plastic and also analysis lyric sheets from aged New york city songwriters. Now, as president of UMPG, she’s putting that exact same enthusiasm for music right into business of inspiring performers. Her critical usage of innovation has actually enhanced the sector. Client Expense Ackman, who owns 10 per-cent of UMG by means of his agency Pershing Square Funds Management, has actually likened her to Netflix’s Splint Hastings and Apple’s Steve Jobs.

She’s likewise leading UMG into higher development markets, as well as initiating its own attempts on durability, diversity, and also introduction. She lately tackled a panel place for She Is actually The Popular music, an organization that champs women in the popular music industry.

Billboard Publication Power Executive of the Many years
The popular music market’s worldwide revenue recoiled to a record high in 2022, many thanks in sizable component to streaming and also a revived show company. It was verification for Grainge, that rode UMG’s early bet on digital innovation (like the EMI acquisition) into his task as chairman as well as ceo of the planet’s most extensive music company.

He continued his sight for the future through widening the range of what a music provider could be. Merchandising airfoil Blowing launched pop-up stores and also direct-to-consumer purchases techniques, while an expenditure in movie and television resulted in the Academy Prize-winning docudrama Amy, regarding the late singer-songwriter.

UMPG continues to bolster its own songwriting roster by means of a globally team that “assumes around the world, acts locally” for new options, says Lioutikoff. The team has been actually capable to assist authors such as Kate Plant enjoy a major resurgence from her monitor “Operating Up That Hillside” along with a wise synch positioning in the fourth time of Netflix’s Stranger Traits.

Signboard Magazine Power one hundred
During 2024, he supervised the growth of Universal Songs’s U.K. circulation organization, which right now runs coming from a brand-new stockroom northwest of Greater london. He also assisted launch a streaming-focused tag, ADA UK, and also racked up hits with performers including Maisie Peters and Fred once again.

Grainge remained to specify his part as forerunner of the globe’s most extensive document label, requiring an updated organization version in his yearly letter to UMG staffers. He additionally promoted for an artist-centric method to streaming royalties that will look for to get rid of fraudulence as well as improvement payments.

The self-described point player for EMPIRE’s legal staff led several of the year’s biggest bargains, consisting of the $250 thousand purchase of David Bowie’s publishing and professional audios to Sony Music, and also Sting’s $500 million sale of his tune brochure to UMG. He has also used his substantial standing to advertise social issues like environment stability and also maintainable growth. Additionally, he headed the provider’s project into online popular music resources.