‘Ruthless but good ears’: key architect of music industry revival

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From threat of lights going off to $150m potential payday, Lucian Grainge has helmed change of fortunes at Universal

But Grainge, who will receive a “transaction bonus” of at least $150m when the parent company, Vivendi, spins off the music group, almost did not live to see the milestone. Weeks after a star-studded 60th birthday party last February, Grainge was admitted to hospital with the coronavirus.

 

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