Topic - Lucian Grainge

“She is a true industry icon who rightly deserves celebration,” said Universal Music Group CEO Lucian Grainge, who introduced Gerson.

50th annual pre-Grammy benefit gala sees fire relief, Quincy Jones tributes and new talent →

“When you look at what the funnel that TikTok has, when you look at the billions of views, the rate at which the company has grown, I think there's — we will fight and determine how our artists get paid and when they get paid in the same way that we have done throughout the industry for many, many, many years,” UMG CEO Lucian Grainge said on a third-quarter earnings call, according to Seeking Alpha.

Record labels want more money from TikTok for rights to music →