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 Music Group hires NBA’s Eric Hutcherson as Chief People and Inclusion Officer

“Our strength as a company comes from our people and our culture – combining the quality, passion and dedication of our people with our entrepreneurial drive.”
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EMI Records is back; Rebecca Allen named President of relaunched Universal UK label

“Rebecca is an extraordinarily dynamic and creative executive with the vision and ambition to restore EMI Records to its position as a powerhouse of culture and music discovery.”
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Universal boss Sir Lucian Grainge ‘recuperating’ at home after contracting COVID-19

‘Wherever you are in the world, take this pandemic as seriously as it deserves to be taken.’
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How Universal Music Group is responding to the COVID-19 pandemic

“We offering various forms of assistance to help artists, songwriters and independent labels affected by COVID-19 weather these challenging times.”
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Grammy-winning songwriter Andrew Watt tests positive for Coronavirus: ‘This is not a joke.’

“To have the mentality, ‘I’m young, this can’t affect me’ is just straight up stupid…”
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Universal boss Sir Lucian Grainge diagnosed with Coronavirus in Los Angeles (report)

Grainge is reportedly receiving treatment at Los Angeles’ UCLA Medical Center
The post Universal boss Sir Lucian Grainge diagnosed with Coronavirus in Los Angeles (report) appeared first on Music Business Worldwide.

Universal claims 80%-plus share of 2019’s Top 10 biggest global artists… led by Taylor Swift

Major has signed and/or distributes eight of this year’s biggest acts (and also works with BTS)
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It’s happened: The major labels are now generating over $1m every hour from streaming

MBW analysis shows that Universal saw recorded music streaming growth in excess of $600m in 2019
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