Today news
About the same in other media
MPs and music industry bodies criticise pay of Universal head Lucian Grainge
Reading now: 894
MPs and music industry bodies have criticised the pay of Sir Lucian Grainge, chairman and CEO of Universal Music Group (UMG), who is set to earn more in 2021 than all UK songwriters did combined from streams and sales of their music in 2019.
Grainge’s pay this year is buoyed by one-off cash bonuses that total an estimated £123m, following UMG’s successful stock market flotation in September, and the sale of an additional 10% stake of UMG to Chinese company Tencent.
They could push his total
Read more on theguardian.comAbout this in other media
‘Battery arms race’: how China has monopolised the electric vehicle industry theguardian.com /2 years ago
Plan for car chargers in all UK new homes will make access ‘exclusive’ theguardian.com /2 years ago
Greensill: British Business Bank’s ‘woefully inadequate’ checks put £335m at risk, say MPs theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
