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UNIVERSAL MUSIC GROUP'S SIR LUCIAN GRAINGE NAMED NO. 1 ON BILLBOARD'S 2022 POWER LIST

Universal Music Group's Chairman & CEO Becomes First Executive to Hold Magazine's Top Rank a Record Five Times, after being named "Executive of the Decade" in 2020. SANTA MONICA, Calif., Jan. 26, 2022 /PRNewswire/ -- Sir Lucian Grainge, Universal Music Group's (UMG) Chairman and CEO, has been named No. 1 on Billboard's 2022 Power List, a list of the most influential executives in music.
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Read Universal Music Chief Lucian Grainge’s New Year’s Memo to Staff

In the face of the many challenges faced by the music industry and the world in 2021, Universal Music Group had a remarkably successful year, building on its status as the world’s largest music company and pulling off a wildly successful IPO in September. Rather than his usual year-end message to staff, chairman/CEO Lucian Grainge wrote a lengthy new year’s message this year — read it in full below.  Dear Colleagues: I hope you’ve all had a relaxing holiday and that you, your families and loved ones are safe and healthy. As I mentioned prior to the break, I would write to you at...
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Billboard

Universal Music CEO Lucian Grainge Earned Almost $60M Last Year

As Universal Music Group prepares to go public on Tuesday, details about its top executives' compensation have gone public, too. Last year, UMG led all labels in U.S. market share, marking its 21st year in a row at the top, according to MRC Data. The company held a 38.5% market share in the U.S. -- up 40 basis points from 2019’s 38.1%. Recording acts on UMG's labels topped the Billboard 200 for 36 weeks in the year, among them Taylor Swift, Lil Baby, The Weeknd and Post Malone. Globally, UMG brought in $8.7 billion in revenue -- up 3.8% from the year prior.
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Telegraph

Lucian Grainge in line for $170m payday from Universal Music listing

The British record label mogul, Sir Lucian Grainge, is on track for one of the biggest executive payouts in corporate history when Universal Music makes its stock market debut next week with a package of cash bonuses worth more than $170m (£123m). Sir Lucian, the chairman and chief executive of...
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Telegraph

Universal Music boss Lucian Grainge keeps the record playing

Sir Lucian Grainge was supposed to be feeling upbeat. The boss of Universal Music had just sealed a deal with the rock band Aerosmith and was polishing off a presentation to investors on its blockbuster stock market floatation when grief swept the world of rock 'n' roll. Charlie Watts, the...
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