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The Latest Breaking News from Lucian Grainge

One man can kill Bill Ackman’s $64 billion bid for Universal Music Group—and no one knows what he’ll do

The $64 billion fight for the label behind Taylor Swift, Drake, and Billie Eilish comes down to a single French billionaire.

Fortune

Universal Music Group, home to Taylor Swift, Drake, Elton John and other stars receives record $63bn buyout offer

Bid for the world’s largest music group proposes to “address” UMG's share price issues

MusicRadar

Universal Music, home to Taylor Swift and Drake, receives €55bn takeover offer

Bill Ackman’s Pershing Square claims world’s biggest music company has suffered because of delay of US listing

The Guardian - UK

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Universal Music Strikes Deal with AI Company Udio After Copyright Clash

Universal Music settles copyright dispute with AI startup Udio, launching a new AI-powered music platform for licensed content.

International Business Times

Universal Music chief hits back at Drake’s ‘farcical’ Not Like Us lawsuit

Canadian rapper is suing label he shares with Kendrick Lamar for defamation over its release of rival’s hit diss track

The Independent UK

Universal deny that head Lucian Grainge was personally involved in Kendrick Lamar attack on Drake

UMG have called for Drake’s motion to include Grainge’s communications on the matter to be denied, calling it ‘so strained’ as to ‘defy credulity’

The Guardian - UK

Drake's Lawyers Claim Universal CEO Lucian Grainge was 'Personally Involved' in Kendrick Lamar Diss

Drake's lawyers have intensified their lawsuit against Universal Music Group, alleging CEO Lucian Grainge was directly involved in the release and promotion of Kendrick Lamar's hit diss track 'Not Like Us.'

International Business Times UK

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Drake lawyers allege Universal head Lucian Grainge ‘personally involved’ in Kendrick Lamar diss track

Lawyers for Universal Music Group deny that British chief exec had any ‘meaningful involvement’ in the promotion of allegedly defamatory track Not Like Us

The Guardian - UK

‘We are sharing our grief with the world’: Brian Wilson’s family announces Beach Boys legend’s death at 82

California dreaming ends.

We Got This Covered

Universal, Spotify Ink Multi-year Deal

Universal Music Group, the world's largest music company, and streaming behemoth Spotify on Sunday announced a multi-year direct deal that will affect both recording and publishing royalty rates.

International Business Times

The Standard 100: People shaping London in Music, Culture, Art, Stage, Screen and Podcasts

The Standard 100’s list of people shaping London across arts and culture from Charli XCX to Tracey Emin and Idris Elba

Evening Standard

Universal Music’s £119m CEO pay offer may provoke shareholder revolt

Advisory firm urges shareholders to reject ‘excessive’ payout to Lucian Grainge, while Renault may also face backlash

The Guardian - UK

TikTok Reaches Music Licensing Deal With Universal, Ending Feud

Universal chairman Sir Lucian Grainge said "this new chapter in our relationship" would "drive innovation in fan engagement while advancing social music monetization."

Latin Times

Universal Music CEO announces restructuring, new leadership for label operations

Universal Music CEO Lucian Grainge announces a restructuring of the operating model, with John Janick and Monte Lipman assuming greater responsibility over...

Top News

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Fortune

Most artists won't like UMG and Deezer 'artist-centric' music-streaming model

No longer will every stream be worth the same.

MusicRadar

YouTube sets out its 3 AI music principles, as Universal Music chairman Lucian Grainge compares the “inspiring” generative technology to sampling, MIDI and Pro Tools

Plus, the new YouTube Music Incubator Group is set to advise the Google-owned company on its “AI-related musical tools and products”

The Independent UK

Sofia Richie shares she converted to Judaism ahead of wedding to Elliot Grainge

‘What a magical day,’ the socialite wrote on Instagram

Evening Standard

Is an ‘artist-centric’ streaming model the answer to music’s money problems?

Should you pay more to listen to the biggest stars? As execs suggest premium content should be priced higher than the ‘flotsam and jetsam’ clogging up streaming services, industry insider Jamie Collinson asks what this could look like

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Tribune News Service

Sofia Richie’s fiance Elliot Grainge ‘was gonna faint’ when asking for Lionel Richie’s blessing

Sofia Richie’s tropical proposal may have been straight out of a romance novel, but fiancé Elliot Grainge struggled to ask his future father-in-law for her hand in marriage.

The Independent UK

Lionel Richie says daughter Sofia Richie’s fiancé was a ‘nervous wreck’ when asking for father’s blessing

‘I thought he was going to pass out, but he survived it’

People

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