Aging CEOs, Ambitious Nepo Babies and a Tech Revolution: Succession in the Music Biz
The business of music long has been an incestuous one, even when the players aren’t related. But some of the leaders of today’s recorded music industry — 84 percent of which is housed under the three major label groups, Universal, Warner and Sony — actually are. When Lucian Grainge, chairman and CEO of UMG, took…