SANTA MONICA, Calif.,
Feb. 12, 2016 /PRNewswire/
-- Universal Music Group, the world's leading music company,
announced today that Billboard magazine named its Chairman and
Chief Executive Officer Lucian
Grainge as No. 1 on its list of the 100 most powerful people
in the global music industry.
Grainge is the only executive to appear at No. 1 on the
Billboard ranking three times – 2013, 2015 and 2016 – and he is the
first to hold that rank for consecutive years.
In addition to building on the company's exceptional track
record of developing and breaking new artists, Billboard this year
also cited Grainge's entrepreneurial strategy behind the company's
expansion into technology, branding and film to produce new
creative and commercial opportunities for artists and labels.
"This is an enormous honor and a recognition of the work of our
entire Universal Music team, many of whom are also individually
recognized on the Power 100 list," Grainge said. "True power
originates with the artist and their creativity, and it's amplified
by the dedication and passion of our employees around the
world. And as much as we've accomplished so far, we have truly
only just begun. We remain focused on leading the industry
into an exciting new future and we're committed to a vibrant music
ecosystem that's in the mutual interest of all participants."
Additional UMG executives and partners selected by Billboard
include Executive Vice President Michele
Anthony, Chief Financial Officer and Executive Vice
President Boyd Muir, Republic
Records Chairman and CEO Monte
Lipman, Republic Records President and Chief Operating
Officer Avery Lipman, Capitol Music
Group Chairman and CEO Steve
Barnett, Universal Music Publishing Group Chairman and CEO
Jody Gerson, Big Machine Label Group
President and CEO Scott Borchetta,
Interscope Geffen A&M Records Chairman and CEO John Janick, Universal Music Group Nashville
Chairman and CEO Mike Dungan, Def
Jam CEO Steve Bartels and Island
Records President David Massey.
Billboard also recognized General Counsel and Executive Vice
President of Business and Legal Affairs Jeffrey Harleston, Executive Vice President of
Digital Strategy Michael Nash,
Republic Group President Charlie
Walk, Universal Music Latin America and Iberian Peninsula
Chairman and CEO Jesús Lopez, Glassnote Entertainment Group
President Daniel Glass, Interscope
Geffen A&M Records Vice Chairman Steve
Berman and Capitol Music Group COO Michelle Jubelirer.
During 2015, Universal Music distributed six of the top 10
artists worldwide, according to the IFPI, including Taylor Swift, Justin
Bieber, Maroon 5, Sam Smith,
Drake and The Weeknd. UMG finished the year with an
industry-leading 38.4% share of the U.S. market, per Nielsen
SoundScan.
About Universal Music Group
Universal Music Group is
the global music leader, with wholly owned operations in 60
territories. Its businesses also include Universal Music Publishing
Group, one of the industry's premier music publishing operations
worldwide.
Universal Music Group's labels include A&M Records,
Angel, Astralwerks, Blue Note Records, Capitol Christian Music
Group, Capitol Records, Capitol Records Nashville, Caroline,
Decca, Def Jam Recordings,
Deutsche Grammophon, Disa, Emarcy, EMI Records
Nashville, Fonovisa, Geffen Records,
Harvest, Interscope Records, Island Records, Machete
Music, Manhattan, MCA Nashville,
Mercury Nashville, Mercury Records, Motown
Records, Polydor Records, Republic Records, Universal
Music Latino, Verve Music Group, Virgin Records, Virgin EMI
Records, as well as a multitude of record labels owned or
distributed by its record company subsidiaries around the world.
The Universal Music Group owns the most extensive catalogue of
music in the industry, which includes the last 100 years of the
world's most popular artists and their recordings. UMG's catalogue
is marketed through two distinct divisions, Universal Music
Enterprises (in the U.S.) and Universal Strategic Marketing
(outside the U.S.). Universal Music Group also includes Global
Digital Business, its new media and technologies division and
Bravado, its merchandising company.
Universal Music Group is a fully owned subsidiary of Vivendi
SA.
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SOURCE Universal Music Group