UMG 2 - RAIN News

Two digital execs leaving Universal Music Group

Posted on February 27, 2015 by Anna Washenko

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”

Posted on December 22, 2014 by Brad Hill

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 →

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