Universal Music chairman tops Billboard industry power list

by Blogburger on February 9, 2013

LOS ANGELES (Reuters) – Lucian Grainge, chairman of Universal Music Group, beat out “X Factor” host Simon Cowell and the manager for teen pop sensation Justin Bieber as the most powerful person in the music industry, according to a list released by Billboard magazine on Friday. The second annual list left off music stars such as rapper-mogul Jay-Z, his wife and singer, Beyonce, and Irish rock group U2, all of which placed on the Power 100 list last year. Billboard put Grainge atop the list in part for Universal Music Group’s $ 1. …
Music News Headlines – Yahoo! News

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