Tracing the rapid ascent of the 30-year-old record executive (and son of UMG’s Lucian Grainge), from his early entrepreneurial ventures to his industry-shaking new role.
As part of the move, label co-president Shari Bryant has stepped down from her role.
The changing of the guard at Atlantic Records could signal the acceleration of a generational shift — or just another sign that the old rules no longer apply.
Elliot Grainge, who has publicly criticized major labels, will now helm Atlantic Music Group. Those who have worked with him predict how that change may go.
Saena, Aran and Sio left the K-pop group in October amid a legal dispute with the group's agency ATTRAKT.
“Over the past year, we have been working with Timbaland on the shared goal of developing great artists together," said UMGN chair/CEO Cindy Mabe via a statement.
In an unprecedented scenario, Universal Music Group chairman/CEO Lucian and his ascendant son Elliot will control more than a third of the U.S. market — at competing companies.
Album sales by SEVENTEEN and Tomorrow X Together boosted recorded music revenue as concert revenue slipped.
The longtime Atlantic Records co-leader and Atlantic Music Group chairman/CEO announced at a town hall that she will depart at the end of January.
New full-length ‘The Brownprint’ will be released later this month.
