Taking Care of Business—And Legal
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CHAPTER18 The Digital Age or nearly a century the modern music industry was forged by two then-new F technologies—the phonograph record and broadcasting. In the late 20th century, a third “The future is here. force—digital technology—emerged to shake the industry’s foundations. Digital technology It’s just not widely radically altered not only the business of music but also its creation, manufacture, and distribu- distributed yet.” tion. Furthermore, it changed the very culture of how music is created, with inexpensive tech- —William Gibson nologies to record, present, distribute, promote, and play music, fashioning a unique artistic and commercial digital democracy, which drew mu- sic artist and music consumer closer even as it blurred the boundary between them. Digital’s power was most graphically illustrated in the arena of distribution. The unauthorized digital distribution of music via peer-to-peer (P2P) networks like Napster and Grokster was often cited as the primary force behind the music industry sales slump that began in 2001. Ironically, although these P2P networks also presented a method for legitimate digital distribution via the Internet, record labels, which had reaped a fortune from the sales of CDs for two decades, perceived digital distribution as a threat rather than an opportunity. When Philips and Sony collaborated on the development of the compact disc (CD) in the early 1980s, no one could have predicted the extent to which digital technology, in combination with the Internet (which was still gestating at the time), would revolutionize the music industry. Left: Steve Jobs unveils Apple’s iPod Mini, 2004. -
R a I N M a K E R S 76
RAINMAKERS 76 Sir Lucian Grainge The Architect of Change ir Lucian Grainge is the first Englishman operating a global music scompany based in the U.S. to ever get it right. And when, in 2011, he came to ultimate power, taking control of the biggest music group in the world, the business was in decline. His willingness to take risks and draw on his decades of music-business experi- ence and combined with his great instincts encour- 76 77 With Sam Smith and Katy Perry aged him to bet on the future and lead in each metric. the most intriguing questions of the year. rights holders into the new streaming The second half of 2018 promises to “He’s the great hope for the music revolution. He moved forward swiftly be huge for UMG, following parent com- business,” Irving Azoff accurately pre- to make deals with Spotify, Apple, pany Vivendi’s decision to sell up to 50% dicted in a 2014 L.A. Times profile YouTube, Amazon and Facebook. As a of the company to a strategic partner to of Lucian Grainge. “He started as a result of Grainge’s wager, his Universal be determined, with the process begin- songplugger and a publishing guy. He Music Group has become more domi- ning this fall. Grainge will be making the understands the entire worldwide record nant than ever: At presstime, UMG had key decisions in this all-important matter, business. And he gets technology. He 38.1% in overall U.S. marketshare and including the ultimate one—the choosing understands that’s the future of the busi- 39.2% in streaming share, while snag- of said strategic partner. -
Tickertape Cash Box December 15, 1990 3
— TICKERTAPE CASH BOX DECEMBER 15, 1990 3 EXECUTIVES ON THE MOVE Morris Named Co-Chief SBK Records has promoted Daniel Glass to the newly- Exec Officer created post of executive vice president/ general manager. He has been senior vice president of promotion since the company's inception in April, 1989—a job he previously held THE ATLANTIC RECORDING Warner Music Group, which is at Chrysalis—and has helped steward SBK's success with such owned by Time Warner Inc. CORPORATION announced on artists as Vanilla Ice, W'ilson Phillips and Technotronic. Time Warner's senior executive t Morris has November 30 tha Doug Capitol Records has appointed Tom Corson to the position Robert Morgado, said, "Atlantic been appointed co-chairman and J. of vice president, international artist development. Corson a role in co-chief executive officer. Morris, Records has played major Glass comes to Capitol after spending five years with A&M—which who held the position of president the recent strong growth of the hired him as product manager in 1985, promoted him to and chief operating officer prior to Warner Music Group, and we are executive director/assistant to then label president Gil Friesen this appointment, will continue extremely fortunate to have the in 1989 and named him vice president, marketing in April 1990. working alongside Atlantic leadership provided by Ahmet Corson now works out of Capitol Tower in Hollywood, report- founder/co-chairman/co-CEO and Doug. Their partnership en- ing directly to Capitol Records president Hale Milgrim. Ahmet M. Ertegun. Morris has a sures a wonderful future for Atlan- Virgin Records has promoted Gemma Corfield, formerly long career in the music industry. -
The Barbarians
54 GOLDMINE June 26, 1992 The Barbarians by Matt Whorf cleaning business in Abington, Massachu- the Barbarians began under the deadline blocked and it just seemed that people fror setts, looks back with nothing but fondness pressure of a Saturday night gig which was all over were trying to get into the clut Were the Barbarians the first-ever punk and appreciation for his career in the music only three nights away. which only had a capacity for between 20 band? Given that punk as a style has always business. Said Moulty, "The Rumpus Room had and 300. The people included friends. rela been as much defined by stance and attitude Born February 24, 1945, Moulty grew up never had live entertainment. But when I tives and ·music fans in general. Nobody ha· as by musical sound, the case for the Cape in Provincetown, Massachusetts. His was a told my cousin I was a drummer he offered ever seen anything like that in Provin ce Cod-bred mid-'60s garage-rock band for musical family, with both of his parents gui- me a spot to play there that weekend. So, town." such a status is quite strong indeed. Among tar players who occasionally performed live, within three days I called a couple of guys I From there, the Barbarians began playi n those who suggest yes in answer to the ques- playing what he describes as "old-fashioned knew who played guitars and asked them if at cl ubs all over their hometown. Two ofth tion is one Joe Doissyof the Luxembourg- country 'n' western," and a grandfather who they wanted to play at the club Saturday players at the original gig were soon found to based Barbarians fan club in his album also played guitar and piano. -
Craig Kallman
CRAIG KALLMAN CHAIRMAN/CEO, THE ATLANTIC RECORDS GROUP * * * * * * CRAIG KALLMAN Craig Kallman carries on the entrepreneurial tradition that has driven Atlantic Records since its founding by Ahmet Ertegun over 65 years ago, and is embodied in the careers of such fellow Atlantic producer/executives as Jerry Wexler, Nesuhi Ertegun, and Doug Morris. Craig joined Atlantic in 1991, when the company acquired his independent Big Beat Records label. Advancing through the executive ranks, the New York-born Kallman was named Chairman/CEO of the Atlantic Records Group in 2005. A passionate music fan, obsessive record collector (with an archive now numbering 350,000 vinyl albums and counting), and avid audiophile, Kallman began his music industry career while still in high school. He started out by DJ-ing at the Cat Club in New York, while working in Columbia Records' dance department. At Brown University, he was the CBS Records college representative, programmed urban and rock specialty shows on WBRU-FM, and ran a legendary series of campus dance parties. After graduating in 1987 with a B.A. in English, Kallman worked for Factory Records and Billboard magazine, while DJ-ing at such legendary nightspots as Danceteria, Area, The Palladium, and The Tunnel – spinning boundary-crossing sets drawn from his vast collection. Fresh out of college, he started the Big Beat label in his bedroom, selling dance records on the street from a shopping cart. He launched the label with the single "Join Hands" by Taravhonty. His second release, "The Party" by Kraze, was an international smash, selling over 300,000 copies, and prompting calls for Kallman remixes from such major artists as Soul II Soul. -
Universal Execs, Acts Bather for San Francisco Meet Universal Recently Held Its Worldwide Senior Management Confer- Ence at the Ritz -Carlton San Francisco
Newsmakers Universal Execs, Acts bather For San Francisco Meet Universal recently held Its Worldwide Senior Management Confer- ence at the Ritz -Carlton San Francisco. The three -day event, Sept. 7 -9, featured performances from a number of Universal recording acts and played host to more than 170 Universal executives. On Sept. 8, MCA's Mary J. Bllige and Motown's Brian McKnight brought their soulful sounds to the conference. Shown at the performance, from left, are Zach Horowitz, president/COO of Universal Music Group; Jorgen Larsen, chairman /CEO of Universal Music International; Doug Morris, chairman /CEO of Universal Music Group; Blige; Max Hole, senior VP of market- ing and A &R for Universal Music International; Jay Boberg, president of MCA Records; and Kirk Burrowes, Blige's manager. Shown, from left, are John Reid, co- president of Island /Def Jam Music Group; Jim Caparro, chairman of Island /Def Jam Music Group; Jim Urie, president of Universal Music and Video Distribution; Def Soul artist Kandace Love; Henry Droz, chairman of Universal Music and Video Distribution; Island Records artist Mikaila; Lyor Cohen, co- president of Island /Def Jam Music Group; Jeff Fenster, senior VP and head of A &R for Island /Def Jam Music Group; and Edgar Bronf- man Jr., president/CEO of the Seagram Co. Shown after Aqua's performance, in the front row from left, are Jorgen Larsen, Shown after Brian McKnight's performance, from left, are chairman /CEO of Universal Music International; Lene Grawford Nystrom of Kedar Massenburg, president/CEO of Motown; Doug Mor- Aqua; Doug Morris, chairman /CEO of Universal Music Group; Jay Boberg, pres- ris, chairman/CEO of Universal Music Group; McKnight; ident of MCA Records; and Bruce Hack, vice chairman of Universal Music Herb Trawick, McKnight's manager; Zach Horowitz, presi- Group. -
The Heat-Seeking Missile
RAINMAKERS Rob Stringer The Heat-Seeking Missile ome execs enjoy the trappings of power, the pomp and circumstance of office. Rob Stringer is not one of these execs. The Sony Music boss is never happier than when he’s in the back of some tiny club, checking out a fledgling artist. Indeed, his obsession with A&R has guided his career and been a key focus of his tenure thus far as a label group head. “It’s all I’ve ever wanted to do since I was seven,” he told U.K. paper The Independent. “I can look bands in the eye, still to this day, and not have my purity questioned on that level.” Stringer’s advantage over the competition is that he has the innate ability to identify and sign top tal- ent. As Columbia Records’ Chairman/CEO, he was the dominant label head when it came to closing the top acts, especially the rock artists of the era; his pedigree was impeccable. Subsequently, during his first year as Sony Music chieftain, Stringer’s anointment of Ron Perry and the returning David Massey, along with his abiding con- fidence in Peter Edge, are indicative of his firm belief that a label’s top dog should be a creative exec. “I’ve known Rob for a long time and respected what he’s done at Columbia Records,” Edge told us recently. “He’s been in the day-to-day business of running a label for years, so he understands every- thing that’s going on, and it’s super-valuable to have his insights. -
MBW Yearbook
2018 2018 2018 2019 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018YEARBOOK 2019 2019 2019 2018 20182018/2019 2018 2019 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018Brought to2019 you by 2019 2019 2018 2018 2018 2019 2019 2019 2018 2018 2018 2019 2019 2019 1 2 3 Are you making the most of your success? Our efficient international payments, transparent foreign exchange and smart treasury management services will help you and your artists realise your global ambitions. +44 (0)20 3735 1735 | [email protected] | CENTTRIPMUSIC.COM Centtrip Limited is authorised and regulated by the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI). Our firm reference number is 900717. For more information on EMIs please visit the FCA’s website. The Centtrip Prepaid Mastercard is issued by Prepaid Financial Services Limited (PFS) pursuant to a licence from Mastercard International Incorporated. PFS is also authorised and regulated by the FCA as an Electronic Money Institution (firm reference number 900036). Their registered address is Fifth Floor, Langham House, 302–308 Regent Street, London W1B 3AT. 4 5 Contents Lyor Cohen, YouTube 08 Dre London, London Ent 16 David Joseph, Universal Music 24 Carolyn Williams, RCA 32 Paul Rosenberg, Goliath Artists/Def -
2015 Spring Newsletter
CELEBRATING 40 YEARS OF NotationsNEWSLETTER MAKING MUSIC GROW SPRING 2015 ISSUE JOAN BAEZ, GARTH BROOKS, BILLY JOEL, STEPHEN SONDHEIM AND STEVIE WONDER RECEIVE ASCAP CENTENNIAL AWARDS FIVE MUSIC GREATS RECEIVE HONORS AND STAR-STUDDED TRIBUTE AT WALDORF ASTORIA GALA BENEFITTING THE ASCAP FOUNDATION Pictured from (left to right): Sting, Bernadette Peters, event underwriter, ASCAP Board member and Sony ATV Chairman and CEO Martin Bandier, ASCAP Foundation Executive Director and event producer Karen Sherry, ASCAP Centennial Award Honorees Billy Joel, Stevie Wonder, Joan Baez, Garth Brooks, ASCAP EVP of Membership John Titta, ASCAP Foundation President Paul Williams and former ASCAP CEO John LoFrumento. ASCAP presented its singular, once-in-a-lifetime ASCAP Centennial Awards to Joan Baez, Garth Brooks, Billy Joel, Stephen Sondheim and Stevie Wonder on Monday, November 17th, at a gala party at the Waldorf Astoria in New York City celebrating ASCAP’s historic 100th anniversary and benefi ting The ASCAP Foundation. The event, hosted by ASCAP President and Chairman Paul Williams, fea- tured the Centennial Award recipients as well as special guest artists who performed in tribute to the honorees. Sting and Chris Botti teamed up for an energetic performance of “Big Man on Mulberry Street,” before introducing the evening’s fi rst honoree, Billy Joel. Joel expressed his gratitude for the Award and then delighted the crowd with a performance of “New York State of Mind.” Trisha Yearwood paid tribute to her husband Garth Brooks before proceeding with a loving performance of “If Tomorrow Never Comes.” Garth humbly accepted his award before performing his new song “I Am A Song,” for the fi rst time. -
Lucian Grainge Promoted to Chief Executive Officer, Universal Music Group
February 10, 2010 Vivendi: Lucian Grainge promoted to Chief Executive Officer, Universal Music Group. Doug Morris to remain as Chairman. Vivendi announced today the appointment of Lucian Grainge as Chief Executive Officer of Universal Music Group (UMG), the world’s leading music company. Mr. Grainge is promoted from his current role as Chairman and CEO of London-based Universal Music Group International (UMGI). He will take up the position on Jan. 1st 2011, succeeding Doug Morris, who will remain as Chairman. He will relocate to New York from July 1st 2010. During these six months, Doug Morris and Lucian Grainge will act as co-CEOs of UMG. Lucian Grainge will report to Jean-Bernard Levy and become a member of the Vivendi Management Board. Under Lucian Grainge’s leadership since 2005, UMGI has grown its market share worldwide, broken global acts and led the music industry in developing a range of new digital services. He started his career with CBS/April Music in 1979, advancing to positions in Artists & Repertoire (A&R) and talent development, and rising to senior management positions at PolyGram UK and Universal Music internationally. Doug Morris commented: “The time has come for Lucian to step up to the CEO role. I am very happy with the new organization as I have been grooming him to succeed me for quite a while now. I know he is ready, willing and able to attack the challenges of the new decade.” Commenting on the appointment, Jean-Bernard Levy, chairman of the Vivendi Management Board, stated: “I am delighted that Lucian Grainge has agreed to move to New York to take on the Chief Executive role. -
The Story Behind the Making of Inxs' Most
INXS in Chicago in 1988. From left: Kirk Pengilly, Garry Beers, Jon Farriss, Tim Farriss, Michael Hutchence and Andrew Farriss. THE STORY BEHIND THE MAKING OF INXS’ MOST MISUNDERSTOOD AND SUCCESSFUL ALBUM: KICK 108 BILLBOARD | DATE XX, 2017 BY ERIC SPITZNAGEL DATE XX, 2017 | WWW.BILLBOARD.COM 109 24fea_INXS_lo [P]{Print}_21849664.indd 108-109 10/10/17 6:42 PM HRIS MURPHY, son of theatrical booking agents, he was no Us Apart,” “Devil Inside” and the band’s INXS’ longtime stranger to wholesale rejection. “I thought, first and only Hot 100 No. 1, “Need You manager, says ‘Fuck it all. I’ll do this myself,’ ” he says. “I Tonight” — on its way to being certified six he won’t forget knew Kick was going to be huge.” times platinum by the RIAA. the day he knew Andrew Farriss, INXS’ keyboardist- It also altered the soundscape of late-’80s ” that Kick would guitarist and, with Hutchence, principal pop music: a muscular mix of pop, rock, be the band’s songwriter on Kick, recalls the label’s frosty funk and dance that challenged master breakthrough reception to the album as well. “They genre-blender Michael Jackson, who was album, because, thought we were all from outer space,” he riding the charts with Bad, and inspired he claims, it says. “Their first response was, ‘You can’t contemporary hitmakers such as Maroon 5. was the same day he learned that Atlantic put out this record! It doesn’t sound like the Despite, or perhaps because of, the Records wanted nothing to do with it. -
The Recording Academy® 3030 Olympic Blvd
The Recording Academy® 3030 Olympic Blvd. • Santa Monica, CA 90404 www.grammy.com CLIVE DAVIS AND THE RECORDING ACADEMY® PRESENT THE PRE-GRAMMY® GALA 2014 GRAMMY SALUTE TO INDUSTRY ICONS® HONORS UNIVERSAL MUSIC GROUP CHAIRMAN AND CEO LUCIAN GRAINGE Sponsored by JBL, Hilton Hotels & Resorts, Hyundai, and MasterCard Worldwide, Celebration to Take Place on Saturday, Jan. 25, 2014, at the Beverly Hilton Hotel in Beverly Hills, Calif., on the Eve of the 56th Annual GRAMMY Awards® SANTA MONICA, Calif. (Nov. 21, 2013) — Clive Davis and The Recording Academy® will present the annual Pre-GRAMMY® Gala on Saturday, Jan. 25, 2014, at The Beverly Hilton in Beverly Hills, Calif., the evening before the 56th Annual GRAMMY Awards® (#GRAMMYs). Sponsored by Harman, Hilton Hotels & Resorts, Hyundai, and MasterCard Worldwide, this exclusive, star-studded celebration will feature special musical performances and will be attended by the world's most renowned artists and top industry VIPs in music, film, television and new media. For updates and breaking news, please visit The Recording Academy's social networks on Twitter and Facebook. As part of the evening's celebration, the 2014 GRAMMY Salute To Industry Icons® will honor Universal Music Group's (UMG) Chairman and CEO Lucian Grainge, CBE. The Recording Academy will present Grainge with the President's Merit Award in recognition of his significant contributions to the music industry and the impact his efforts have had on music and the business of music. Past recipients include Herb Alpert and Jerry Moss, Sir Richard Branson, Clive Davis, Ahmet Ertegun, David Geffen, Berry Gordy, Doug Morris, Antonio "L.A." Reid, and Mo Ostin.