times as much as it was back then. UMG today is, almost certainly, worth more than3. Sir Lucian Grainge and Vincent Bolloré enter the stratosphereto discover within the pages of Universal’s listing prospectus last week? Of course: The details of the monetary compensation of Sir Lucian Grainge, the L.A.-based British exec who has led UMG as global CEO and chairman for the past decade.
This is in addition to a bonus Grainge has already received this year of approximately $20 million related to the acquisition earlier this year of 10 percent of UMG by a consortium led by Tencent —In short, there’s a good chance that Grainge will pocket bonuses from UMG worth over $200 million this year. It’s plausible this figure could even soar up beyond $300 million.There will be many working in music — not least the99 percent of artists on Spotify — who may decry such figures as bloated.
Do whoa on pay for pooled quvquvciouvdikfpptittiktikfpituvdttq
They can't make any money selling CDs so let's play the casino!
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