Sir Lucian Grainge, CEO Of UMG, On Fighting For Tunes Rights & Getting A Stance Against Challenges Inside The Streaming Period | Billboard Electricity a hundred Party 2023

Sir Lucian Grainge’s Speech At The Billboard Power 100 Party 2023

Sir Lucian Grainge, CEO of Universal New music Team (UMG), sent a highly effective speech at the Billboard Energy a hundred Social gathering in 2023 addressing the state of music business affairs. Noting the struggles of musicians to get their music thoroughly compensated and streaming platforms that usually are unsuccessful to guard their legal rights, Grainge took a organization stance on the critical challenges surrounding music these days.

Preventing for Music Streaming Legal rights

Grainge produced it clear that it is UMG’s mission to battle for new music streaming legal rights and to ensure that all musicians receive their correct royalties. He also identified as out streaming providers that routinely disregard musicians’ legal rights, demanding they acquire obligation for their actions.

What UMG Is Undertaking to Guard Audio Legal rights

By way of UMG, Grainge and the staff have been executing their most effective to protect the legal rights of musicians and songwriters. They are:

• Developing recognition – UMG has been partaking in collaborations and partnerships with audio market businesses to provide light-weight to audio rights and the struggles of musicians in the streaming era.
• Legislative lobbying – UMG has been working with condition and federal legislators to draft legislation that would enable safeguard audio streaming legal rights.
• Producing much better contracts and additional transparency – UMG has committed alone to making sure that the contracts it charges are reasonable and crystal clear, so that all musicians and songwriters thoroughly fully grasp their monetary and intellectual house rights.

Grainge’s Remaining Remarks

Grainge shut his speech confidently, guaranteeing that UMG is having all of the needed techniques to make sure the rights of all musicians, songwriters, and producers are protected. Relocating forward, Grainge and UMG will do the job hand-in-hand to generate a much better new music streaming upcoming.