Sir Lucian Grainge In The News

Sir Lucian Grainge remuneration approved by Universal Music Group shareholders at AGM

Universal Music Group has published the results of its 2024 Annual General Meeting

The train has left the station: AI music platform Udio is already spitting out 10 songs a SECOND

You might remember Udio: That’s the US-headquartered company co-created by ex-employees of Google’s DeepMind AI division

ASCAP CEO thanks Universal, Jody Gerson for ‘hard fight’ to improve songwriters’ pay from TikTok licensing deal

Elizabeth Matthews applauds UMG's stance in its dispute with ByteDance's platform

From Downtown’s $500m credit agreement to Concord’s Hipgnosis bidding war exit… it’s MBW’s Weekly Round-Up

The five biggest stories to hit our headlines over the past seven days…

Universal Music Group sees a future where 1 in 5 streamers pays for a ‘super-premium’ tier (and 3 other things we learned from UMG’s Q1 earnings call)

MBW listened into UMG's Q1 earnings call. Here are a few things that stood out...

From Universal’s TikTok deal to Blackstone’s bid for Hipgnosis Songs Fund… it’s MBW’s Weekly Round-Up

The five biggest stories to hit our headlines over the past seven days…

Universal Music Group generated $2.8 billion in Q1 – up 7.9% YoY

UMG, which trades on the Euronext stock exchange in Amsterdam, has published its Q1 results (for the three months to end of March)

Sir Lucian Grainge confirms ‘greater compensation’ is coming from TikTok for UMG artists and songwriters

MBW obtains memo from Sir Lucian Grainge to his employees, detailing new agreement with TikTok