Universal Music chairman tops Billboard industry power list
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Lucian Grainge, Billboard Power 100 honoree, arrives at Billboard's 2013 Power 100 List event at The Redbury, Thursday, Feb 7, 2013, in Los Angeles. -- PHOTO: Invision/AP
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Simon Cowell attends the "The X Factor" season finale results show at CBS Television City on Thursday, Dec 20, 2012, in Los Angeles. -- PHOTO: Invision/AP
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Tate Stevens, winner of "X Factor" season 2, right, and his mentor L.A. Reid attend the season finale results show at CBS Television City on Thursday, Dec 20, 2012, in Los Angeles. -- PHOTO: Invision/AP
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Julianne Hough, right, a cast member in "Safe Haven," poses with Ryan Seacrest at the U.S. premiere of the film, Tuesday, Feb 5, 2013, in the Hollywood section of Los Angeles. -- PHOTO: Invision/AP
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Sean Parker, managing partner of Founders Fund, listens during the TechCrunch Disrupt conference in San Francisco, California, U.S., on Tuesday, Sep 28, 2010. Parker co-founded Napster Inc., and was previously president of Facebook Inc. -- PHOTO: Bloomberg
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Producers Berry Gordy (L) and Doug Morris talk following a preview of the new Broadway show Motown: The Musical, in New York, Feb 7, 2013. -- PHOTO: REUTERS
Lucian Grainge, Billboard Power 100 honoree, arrives at Billboard's 2013 Power 100 List event at The Redbury, Thursday, Feb 7, 2013, in Los Angeles. -- PHOTO: Invision/AP
Simon Cowell attends the "The X Factor" season finale results show at CBS Television City on Thursday, Dec 20, 2012, in Los Angeles. -- PHOTO: Invision/AP
Tate Stevens, winner of "X Factor" season 2, right, and his mentor L.A. Reid attend the season finale results show at CBS Television City on Thursday, Dec 20, 2012, in Los Angeles. -- PHOTO: Invision/AP
Julianne Hough, right, a cast member in "Safe Haven," poses with Ryan Seacrest at the U.S. premiere of the film, Tuesday, Feb 5, 2013, in the Hollywood section of Los Angeles. -- PHOTO: Invision/AP
Sean Parker, managing partner of Founders Fund, listens during the TechCrunch Disrupt conference in San Francisco, California, U.S., on Tuesday, Sep 28, 2010. Parker co-founded Napster Inc., and was previously president of Facebook Inc. -- PHOTO: Bloomberg
Producers Berry Gordy (L) and Doug Morris talk following a preview of the new Broadway show Motown: The Musical, in New York, Feb 7, 2013. -- PHOTO: REUTERS
LOS ANGELES (REUTERS) - Lucian Grainge, chairman of Universal Music Group, beat out X Factor host Simon Cowell and the manager for teen pop sensation Justin Bieber as the most powerful person in the music industry, according to a list released by Billboard magazine on Friday.
The second annual list left off music stars such as rapper-mogul Jay-Z, his wife and singer, Beyonce, and Irish rock group U2, all of which placed on the Power 100 list last year.
Billboard put Grainge atop the list in part for Universal Music Group's US$1.9 billion (S$2.35 billion) acquisition of record label EMI last September and the spinning off of part of that purchase to privately-held Warner Music for US$762 million.
The industry magazine called the executive a "tireless advocate for the recorded-music business," who took the top spot from Irving Azoff, the former chairman of ticket sales and concert promoting company Live Nation. Grainge placed third last year.
