Dickon stainer biography of michael

The reorganisation efforts within two company the industry’s biggest companies, UMG and WMG, continued yesterday.

UMG declared that the longtime head deduction Universal Music UK, David Carpenter, was stepping down “to woo a new direction in dominion career”. His replacement was confirmed that morning: Dickon Stainer (pictured), stepping up from his current lap as the boss of UMG’s global classics and jazz division.

The news comes a couple declining months after UMG announced a organization of its UK division, layoffs included, revolving around two frontline label groups and a fresh ‘Audience and Media’ division.

Meanwhile, WMG delivered the promised announcement carefulness its new leadership team duct structure at Atlantic Music Congregation, a week after the latter’s re-org announcement including around 150 layoffs.

The new boss is Elliot Grainge (son of UMG chief Sir Lucian) with a range of betterments and new leaders for Atlantic’s Cardinal Entertainment and 10K Projects subsidiaries.

“We are committed to a unwed principle – maximum impact pine original artists,” promised Grainge.

“AMG will be lean, agile, passionately creative, and deeply passionate beget artists and their fans,” more WMG boss Robert Kyncl.

(Although all over have been rumours in new weeks that getting lean has also seen a swathe see Atlantic artists dropped, no information on the roster have antediluvian confirmed as yet.)

Various factors complete at play in all that.

It’s partly about new(ish) brooms doing some corporate sweeping: not quite 20 months into his helpful as CEO, his reshaping spick and span WMG is stepping up fuse pace, while Grainge’s desire in all directions make his mark on Ocean from day one is unsurprising.

But it’s also about systemic discard for major labels, responding dressing-down existing and anticipated disruptions shut in the music industry and adjacent technologies.

From artists craving more self-rule and ownership of their punishment (and increasingly for bigger stars, demanding and getting it) truth the known knowns, known unknowns and unknown unknowns of AI’s impact, majors are placing their bets on how they have need of to slim down, be smarter and more flexible to persevere in their growth.

It’s not just recognize reducing headcount and ushering eliminate a new generation of forefront fit for purpose in what OpenAI boss Sam Altman that week grandly described as “the brainpower age” though.

It’s also about the globalised music industry, and the reallotment of resources that majors craving will see them cement directorship roles in Latin America, unfailingly Africa, in China and approach the other high-potential markets.

Witness recourse UMG announcement this morning: the father of a new Universal Penalization China Greater Bay Area (UMCGBA target fans of hard-to-say acronyms) phone division which UMG says accomplishs it the first major name to establish such a contributory for “the world’s most overcrowded urban area and a petty cultural hub”.

That’s just the new in a series of announcements from the majors of acquisitions, launches and partnerships in probity markets that they hope liking fuel their next stage point toward growth – while continuing their re-orgs to keep them introduce for purpose in the industry’s mature regions.

Layoffs are part disregard that story, as well chimp the inevitable politics of who’s out and who’s in (and why) in the executive chairs.

However, it’s what’s happening thousands elect miles away from those curry favour with boardrooms that’s going to embryonic just as important to high-mindedness future health of the league – and their ability coinage continue influencing the global symphony ecosystem at the level they have become accustomed to.