On the Move: Grainge staying at UMG; another Tidal departure
On the Move tracks hires, promotions, and other notable personnel changes in the audio industry. Here are the latest changes (and non-changes). Continue Reading
Lucian Grainge
Two digital execs leaving Universal Music Group
Universal Music Group has lost two of its top digital executives this week. CEO Lucian Grainge said that UMG would “be making announcements in the coming days” in response to Wells’ exit in particular. Universal has been making some intriguing inroads into the digital space in recent months. Continue Reading
UMG chairman pledges to “re-design business models”
In a leaked internal memo published by Billboard, CEO and Chairman of Universal Music Group, Lucian Grainge, promised a continued commitment to artist development, and pledged to “re-design business models” as necessary. The memo comes at a time when major labels are engaged in publicized contract renewal discussions with Spotify. Continue Reading