Lucian Grainge Says UMG ‘Not a Financial Institution That Views Music as an ‘Asset” in New Year’s Staff Memo
Universal Music Group (UMG) chairman/CEO Lucian Grainge released his annual New Year’s memo to staff on Monday (Feb. 3), about a month later than usual owing to the wildfires that broke out in Los Angeles in early January. In the 3,113-word letter, Grainge retreads much of the same ground covered in his 2023 and 2024 New Year’s […]








