Lucian Grainge
Rainer Hosch
United Kingdom

Universal Music Group


Chairman / CEO

The bounty from Universal Music’s historic 2021 public offering enabled numerous growth opportunities for the market leader in 2022, including the launch of Virgin Music Group as a global label-services hub for both independent artists and labels, a play fortified by the acquisition of mTheory, along with the relaunch of Mercury through Republic Records. UMG became the first record company to enter a licensing deal with Meta, enabling its artists to receive a portion from licensed music used on Facebook creators’ posts, and in another ­creator-friendly move, it launched a program for legacy artists who hadn’t received royalties since 2000 to  at last begin collecting on those works. Grainge’s empire also fortified its global reach by rolling out new labels in India, China, the Philippines, Vietnam and Malaysia, as well as African imprint Blue Note Africa.


  • Universal Music Group
  • Polygram Entertainment

Variety Honors

  • 2017 Variety500 Honoree
  • 2018 Variety500 Honoree
  • 2019 Variety500 Honoree
  • 2020 Variety500 Honoree
  • 2021 Variety500 Honoree
  • EmPOWerment Award
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News from Variety

Read Lucian Grainge’s Letter About Universal Music Fire: 'We Owe Our Artists Transparency'

Read Lucian Grainge’s Letter About Universal Music Fire: 'We Owe Our Artists Transparency'

Sir Lucian Grainge, chairman/CEO of Universal Music Group, has written a letter to staffers about the firestorm — if you'll pardon the term — that has resulted from the New York Times' investigative news story about the fire that destroyed much of the company's archive of master recordings in 2008.While Grainge emphasizes that digital copies exist of most of the destroyed tapes, he uses language that owns up to the extent of the loss to a greater degree than the...


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