Universal Music Group's New CEO is Not to Be Fucked With
››BY THE AFFLUENCER EDITORS
Its the end of the Doug Morris era at Universal Music Group and the beginning of the Lucian Grainge Era which could mean new pressure for Island Def Jam boss L.A. Reid and other division heads who sat cushy under Doug Morris's leadership
As expected, Vivendi confirmed yesterday that Grainge will take over for Doug Morris at the industry's largest label, effective Jan. 1. The transition begins in earnest when Grainge moves from London in July for a six-month co-CEO setup with Morris.While Reid has enjoyed a level of security and autonomy under Morris' leadership, more than a half-dozen sources inside or close to UMG told The Post that Grainge wants to see more hits, better allocation of capital to artists, and less self-promotion from Reid.
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Its the end of the Doug Morris era at Universal Music Group and the beginning of the Lucian Grainge Era which could mean new pressure for Island Def Jam boss L.A. Reid and other division heads who sat cushy under Doug Morris's leadership
