Word: britishism
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When you invite the world to a party, there are going to be glitches. Transport snarls, a lack of early snow and a mechanical snafu during the opening ceremony prompted one British newspaper to label Vancouver a contender for "worst Games ever." But minor hitches are inevitable. So too is a little criticism. What matters is how you react. "Success is measured in part or determined by how well you respond or how you cure inefficiencies early on," says Hula. And in that sense, "[Vancouver] did very well." (See pictures of Olympic highs and lows...
Grainge is one of a trio of talented British music executives - all born within six months of each other - who have landed at the heart of the industry, even though none had any college education. Simon Cowell, the elder of the group and the only one who has turned 50, is perhaps the most famous name in the business, with a television and music operation that generates significant profits for rival Sony Music. Simon Fuller, the youngest, is the impresario who devised American Idol and managed the Spice Girls...
...Grosvenor Hotel with a Music Industry Trust Award in November 2008, he was feted by some of the biggest names in the business. Bono and the rest of U2 presented the award, Take That performed, and Benny Andersson and Bjorn Ulvaeus, the male half of ABBA, tried to outbid British rock band Snow Patrol in the fundraising auction that followed. (See the top 10 Michael Jackson songs...
Paul McGuinness, the manager of U2, probably Universal's biggest single act, has worked with Grainge for decades. "Making it in the United States is the biggest challenge of all for any British talent in the music business. He will need all his intelligence and skill to pull it off," he says. At a time when many major acts are breaking away from Universal, U2 has stayed loyal to the label, in part because Grainge has earned the respect of the band. "Lucian's advantage is that he has got a strong musical record of his own, so his opinion...
...following a merger with MCA. Eventually, under the tutelage of Doug Morris, the Universal chief executive he'll be replacing, Grainge rose to run the company's U.K. headquarters and then its international operations. As EMI has faltered in recent years, he has become a key force behind helping British acts break into the U.S. market, most notably, the troubled Winehouse. (Read a TIME profile of Amy Winehouse...