Sir Lucian Grainge In The News

Universal acquires mtheory’s label division; JT Myers and Nat Pastor to run UMG’s global artist services business

Execs appointed Co-CEOs of a new global division, Virgin Music Group

Sir Lucian Grainge on streaming growth, catalog deals and the balance of power between labels vs. DSPs

Universal's Chairman and CEO participated in a Q&A session at the Goldman Sachs Communacopia + Technology Conference

Strange Fruits rebrands to Fruits Music, plans launch of its own subscription app

The rebranding coincides with the company’s fifth anniversary this year.

Merck Mercuriadis on Lamont Dozier: ‘He was as important as any songwriter that has ever lived.’

Hipgnosis founder pays tribute to all-time great songwriter – while making a point about the rewards great composers get from the music industry

Warner Music joins UMG in inking revenue-sharing deal with Facebook / Meta

Deal was confirmed by Warner Music CEO Steve Cooper during an earnings call

Sir Lucian Grainge on Universal’s new deal with Meta – and his belief that investment banks don’t ‘have the skill-sets or ability to exploit music rights’

Grainge was joined by Michael Nash and Boyd Muir on a call with analysts last week

From Paris, with love (and some astute market criticisms)

It’s been a year since Believe IPO’d on the Paris stock exchange, raising hundreds of millions of dollars to expand its global work with local labels and artists. The company’s CEO, Denis Ladegaillerie, maps out the future for his company and the industry...

Travis Barker releases first NFT collection via LimeWire, as former file-sharing platform officially launches collectibles marketplace

Rollout follows news in May that the platform had struck its first major label partnership with Universal Music Group