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Universal Music Chief Lucian Grainge Praises Company’s Progress on AI, Artist-Centric Streaming Model in New Year’s Memo


UMG CEO Lucian Grainge praised the company's application of AI regulation and 'artist-centric' streaming models in his 2024 memo to staff.

Moreover, in the more than three years since we established a groundbreaking relationship with the non-profit Music Health Alliance (MHA), 500 UMG and UMPG recording artists, songwriters and their families in the U.S. have received life-changing medical care. 2), Drake, 21 Savage Her Loss, Metro Boomin Heroes & Villains, Morgan Wallen Dangerous: The Double Album and Taylor Swift Lover); Republic Records was named Billboard’s top label for the third consecutive year. In 2024, as we continue our industry-leading investments in A&R and artist development, we will further evolve our organizational structure to create efficiencies in other areas of the business, so we can remain nimble and responsive to opportunities as they arise, while also taking advantage ofthe benefits of our scale.

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