Sir Lucian Grainge In The News

Web3 and ‘superfan’ platform Tune.FM raises $20m from LDA Capital

Tune.fm promises artists larger streaming income through blockchain micropayments and an NFT marketplace

From 45m unplayed tracks on streaming services to SoundCloud’s potential sale… it’s MBW’s Weekly Round-Up

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

Music industry applauds introduction of ‘No AI FRAUD Act’ in US Congress

The proposed law would establish 'an intellectual property right that every individual holds over their own likeness and voice'

News

Sir Lucian Grainge: After ‘artist-centric’ royalties, UMG’s ‘next focus’ is ‘superfan experiences and products’

UMG is 'already in advanced discussions with [its] platform partners regarding this phase and will have more to announce in the coming months,' said Grainge in his New Year note to UMG staff

Interviews

BandLab CEO, Meng Ru Kuok: ‘I think there will be over 1 billion music creators by 2030, potentially even sooner.’

MBW and Goldman Sachs team up for our first Entrepreneur Of The Year award – and BandLab's co-founder picks up the prize

News

Universal Music UK’s Selina Webb and songwriter Carla Marie Williams awarded MBEs in New Year Honours list; Don Black, Paul Burger and more also recognized

Webb awarded MBE for services to the music industry, neurodiversity, and charity

News

Universal Music Group is worth more than $50 billion, as firm’s share price hits highest point in 2 years

Universal's market cap is currently around $12 billion higher than Spotify's

Interviews

Michelle Jubelirer on Ice Spice, The Beatles, and reinventing Capitol Music Group: ‘I don’t think any label group has been able to turn things around as quickly as my team and I have done in less than two years.’

Jubelirer tells MBW all about her first two years in charge at CMG – and how she's overcome the challenge of quelling, and then re-energizing, one of the most iconic label brands in existence