CEO of Universal Music Group ; Lucien Grainge might be fired…

Johannesburg – Universal Music Group chairman and CEO Lucien Grainge might be losing his job in the next coming months. In a report by digitalmusicnews , it is stated that heavy pressure is coming from Parisian corporate parent Vivendi SA, whose hard-charging chief Vincent Bollore is exacting extreme pressure on Grainge and associates to “fix the free problem” that is plaguing both UMG and broader recording industry revenues. Read More