Sir Lucian Grainge has sent his annual end-of-year email to staff at Universal Music Group. It is largely a roundup of the company’s accomplishments in 2020, plus praise for how staff have continued to work amid the Covid-19 pandemic – far from platitudes, given Grainge’s own nasty brush with the virus. The part on plans for 2021 offers some interesting pointers for next year though.
UMG will be “launching more new creative labels in high-growth markets” for example – our end-of-year report, which is out imminently, has a section on what UMG has already been doing in China, India and Africa by the way.
Grainge also highlighted UMG’s plans for “providing independent artists and entrepreneurs with the most powerful, global resources available” as well as “broadening our digital partner portfolio to include new innovators in social, fitness, gaming and other sectors”.
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