Sir Lucian Grainge In The News

Will Tanous promoted to Executive Vice President, Chief Administrative Officer at Universal Music Group

Tanous will continue to serve as a member of the company’s Executive Management Board

Universal Music Group IPO coming ‘early 2022 at the latest’; Tencent completes acquisition of further 10% in UMG

Vivendi suggests Universal's IPO could take place this year

‘We’re still a couple of council estate kids who haven’t achieved what we want to achieve.’

It’s been 20 years since Mark Lewis and Martin Toher formed B-Unique. The company’s since been involved in more than 100m album sales and 20bn streams...

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Concord and Universal Music Group renew global distribution deal

Two companies have consecutively partnered for more than 15 years

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MBW’s Weekly Roundup: Lucian Grainge, Tencent, Spotify, Beatport, TikTok

The biggest music industry stories of the week, all in one place

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Sir Lucian Grainge: ‘Putting music’s power to work for good may have been more important this year than it’s ever been.’

"There’s no question that 2020 was a year of struggle and tragedies, but it was also a year of courage and heroes."

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Universal buys Bob Dylan publishing rights, acquiring catalog worth hundreds of millions of dollars

Expert industry sources tells MBW that Dylan's catalog would command a pricetag somewhere in the region of $250m to $400m in the current frothy music rights M&A marketplace

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Universal launches audio-visual content house Mercury Studios, led by CEO Alice Webb

Eagle Rock brand retired; Mercury Studios will produce content across performance/live, factual/reality, scripted, artist and filmmaker partnerships