Sir Lucian Grainge In The News

Universal Music Group surpassed $10 billion in revenues last year. It’s now double the size it was a decade ago.

UMG's adjusted annual EBITDA topped $2 billion last year, according to MBW's calcuations

Neil Diamond sells complete song catalog and all master recordings to Universal

Agreement encompasses hits such as Sweet Caroline, Red Red Wine, Solitary Man, Cracklin’ Rosie

Jeremy Vuernick promoted to President of A&R at Capitol Music Group

Vuernick will lead the company’s A&R team and sign and develop artists for the company

Sting sells song catalog to Universal for $300m+

Sting has sold more than 100 million albums throughout his career

Roberto Razzini joins Sony Music Publishing as Managing Director, Italy

Razzini will be responsible for overseeing Sony Music Publishing Italy’s operations

Microsoft’s $69bn acquisition of Activision Blizzard shows that content is merely Big Tech’s edible plaything.

MBW Reacts: Our team's music biz-centric take on huge news for the world of video games

From BMG’s alliance with investment firm Pimco, to Sir Lucian Grainge’s 2022 message: It’s MBW’s Weekly Round-Up

The biggest stories of the week – and why they matter

Read Sir Lucian Grainge’s 2022 message to Universal Music Group’s workforce

'Universal Music truly is a category of one,' writes Sir Lucian Grainge