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Grainge's plans for his new position remain somewhat of a mystery. His approach emphasizes artist relations at a time when other companies would rather talk about formulating an effective digital-distribution strategy to combat music piracy. It's not that Grainge doesn't care about this issue - indeed, he wants the U.S. to become tougher on piracy. He says, however, that there is "no platinum-tipped magic bullet" to solve the problem. One thing that will help: forming a coalition of music, film and publishing companies to lobby both Congress and Internet service providers to enact tougher sanctions against...

Author: /time Magazine | Title: Will Universal Music's New Boss Keep the Hits Coming? | 3/3/2010 | See Source »

Grainge, though, describes himself as "the powerful one." He may not appear on television, but the turn-off-the-lights story is typical of a man who is both fiercely competitive and entertainingly playful. He chases artists signed to other music companies with fervor, personally persuading the Rolling Stones to switch over from rival record company EMI two years ago. And once he's wooed acts, he can keep them on board - no small achievement in an industry not short of ego. When he was honored at London's Grosvenor Hotel with a Music Industry Trust Award in November...

Author: /time Magazine | Title: Will Universal Music's New Boss Keep the Hits Coming? | 3/3/2010 | See Source »

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...

Author: /time Magazine | Title: Will Universal Music's New Boss Keep the Hits Coming? | 3/3/2010 | See Source »

That comes from a long career working his way up through the London music scene. After leaving school at the age of 18, he started as a runner at a talent-scout company called MPC and says he was so junior he was "getting the secretaries sandwiches." Desperate for a job in music, he started cold-calling record-label bosses in the Music Week directory until he got through by chance to Maurice Oberstein, a senior executive at CBS Records. His persistence was rewarded with a job in the company's artists and repertoire (A&R) division, hunting...

Author: /time Magazine | Title: Will Universal Music's New Boss Keep the Hits Coming? | 3/3/2010 | See Source »

...expanding Universal Music's operations, he wants to turn it into a "content-owning rights company," which means developing television and film formats to vie with the two Simons' TV franchises: Fuller's American Idol and Cowell's soon-to-be-arriving X Factor, which is already a big hit in Britain. Among Universal's television projects in Britain is a show called Popstar to Operastar, which features Meatloaf as a judge of La Scala wannabes. And on the theater front, Universal is backing Judy Craymer, the producer of the stage and film musical Mamma Mia!, in her efforts...

Author: /time Magazine | Title: Will Universal Music's New Boss Keep the Hits Coming? | 3/3/2010 | See Source »

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