Sir Lucian Grainge In The News

Robert Kyncl talks Spotify deal, Warner Music’s distribution strategy at Morgan Stanley event

Warner Music Group CEO opens up on strategy, interviewed by Ben Swinburne

Universal Music Group’s recorded music subscription streaming revenues topped $5bn in 2024, up 9.1% YoY

There was less good news, however, from the world of ad-funded streaming.

YouTube Music hits 125 million subscribers, adding 2m subs per month on average over the past year

YouTube added +25 million subscribers over the past 12 months

Adam Holt to retire as MD of Universal Music New Zealand; Myra Hemara and Matt Kidd promoted to Co-MDs

Holt has spent a total of 34 years with the company

From Amazon’s Suno tie-up to Kobalt’s new publishing platform… it’s MBW’s Weekly Round-Up

The biggest stories from the past week – all in one place…

Sir Lucian Grainge calls for ‘appropriate guardrails’ on AI amid debate on UK’s proposed copyright changes

“How do we best protect creative and imaginative invention, and harness the power of new technology without that technology harnessing us?"

UK mulling changes to proposed ‘opt-out’ policy for AI amid growing pressure from artists and lawmakers (report)

One option would be to limit the 'opt-out' policy to British AI companies, while others would need advance permission to train AI on copyrighted materials

Universal Music adopts ISNI system, assigning ID numbers to songwriters and artists

An ISNI functions as a ‘digital passport’ for every contributor involved in the making of a piece of music