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LA Times: Can Lucian Grainge ‘Save The Music Business?’

Lucian Grainge

Is UMG Chairman/CEO LUCIAN GRAINGE the man who can “save the music business?” Yes, writes DAWN C. CHMIELEWSKI in the LOS ANGELES TIMES.

“Skeptics question whether anyone can reverse the decline of an industry that has seen global sales plummet from $28 billion in 1999 to $16.5 billion in 2012. But if anyone can save the music business, it might be GRAINGE,” notes the article. “As chairman of UNIVERSAL MUSIC GROUP, the biggest of the three remaining major record companies, few rival his influence in determining how people will listen to music, and how they will pay for it.”

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