×
You will be redirected back to your article in seconds

Universal Music Names Adam Granite Exec VP of Market Development

Universal Music Group announced on Tuesday that Adam Granite has been appointed Executive Vice President, Market Development, reporting to chairman/CEO Lucian Grainge. Granite’s appointment is effective September 1, 2017 and he will be based in London.

According to a release, Granite’s responsibilites will include working closely with UMG’s senior management team and operating companies across more than 60 territories to maximize the commercial opportunities for artists and labels across Europe and emerging markets including Africa, China and India. He will increase coordination of UMG’s audio-visual content in Europe and Asia and contribute to the company’s global strategy for marketing, distribution, and commercial initiatives including licensing, acquisitions and emerging genres.

“More than ever, to be successful in an increasingly global music business, you must be able to maximize opportunities in markets around the world,” Grainge commented. “With Adam, we are adding an experienced executive to UMG’s deep bench and gaining someone with a global track record of commercial success.”

Universal Music Group is the gold standard when it comes to breaking artists across international markets,” Granite said. “With the global nature of today’s music industry, artists have access to audiences around the world and the ability to broadly influence culture on a scale never before seen.”

Most recently, Granite served as President of Northern & Eastern Europe and Africa for Sony Music Entertainment. Since 2014, he has been responsible for both Sony’s operations and licensed operations across those territories. Before that role, he was Executive Vice President, Sony Music International, and earlier in his career served as General Manager of Epic Records.

More Biz

  • Streaming Placeholder

    TikTok Owner Preparing Streaming Service to Rival Spotify (Report)

    ByteDance, the Beijing-based owner of the TikTok video app, is developing a paid streaming music service aimed at the same emerging markets that Spotify and Apple are seeking to explore, according to a report in Bloomberg. The app could be introduced as early as autumn, according to the report, which adds that the company has [...]

  • Stranger Things

    Coca-Cola Will Revive New Coke in Alliance With Netflix, 'Stranger Things'

    A rush of TV watchers to streaming video has prompted Coca-Cola to test an interesting pour. Coca-Cola will bring New Coke back to market for a brief time, all part of a partnership with Netflix, which has featured Coke in its cult-favorite series “Stranger Things.” The third season of the series, set in 1985, will [...]

  • Doug Davis and Jodie ShihadehVariety Power

    Jodie Shihadeh Named Partner at The Davis Firm

    Jodie Shihadeh has been named Partner at The Davis Firm, PLLC. She joined the firm in 2011 and rose from associate to Managing Attorney and now partner. She graduated from Boston College and received her law degree from Fordham University School of Law in 2011. While still in law school she interned in the Business [...]

  • Peak TV Saturation TV Placeholder

    Nickelodeon Alum Keith Dawkins Sets Kidvid Partnership With Believe Entertainment Group

    Former Nickelodeon executive Keith Dawkins has partnered with Believe Entertainment Group to develop children’s programming. Dawkins will partner with Believe under his newly formed Rock Hill Media Ventures, which aims to advise companies in media, entertainment and sports on working with diverse and emerging talent. Dawkins previously spent 17 years at Viacom, most of which [...]

  • CBS Studios Exterior

    CBS Credit Union Manager Pleads Guilty to $40 Million Fraud

    The manager of a credit union for CBS employees pleaded guilty in Los Angeles federal court on Monday to a $40 million embezzlement scheme. Edward Rostohar, 62, was arrested in March after the scheme began to unravel. According to prosecutors, he admitted to stealing money from the bank for the last 20 years. Rostohar is [...]

  • Norman Reedus as Daryl Dixon - The

    CAA's Packaging Fee Becomes Flashpoint in 'Walking Dead' Litigation

    The issue that is at the heart of the WGA’s present standoff with talent agencies has flared up as a source of tension in the litigation between AMC Networks and Frank Darabont and CAA over profit participation on “The Walking Dead.” The practice of talent agencies receiving packaging fees for helping to assemble the creative [...]

  • Sony Music to Deliver ‘Real Time’

    Sony Music to Deliver ‘Real Time’ Data, Royalty Payments to Artists

    Sony Music today announced two new payment features for its artists — “Real Time Royalties” and “Cash Out” — through its artist portal beginning this fall. 

A memo sent to artists Monday morning and obtained by Variety says  the initiatives will “allow our artists and royalty participants to view and withdraw earnings faster than ever [...]

More From Our Brands

Access exclusive content