Universal Music Group is coming towards the end of a significant period of global restructuring, MBW understands.
One segment of UMG that has suffered some growing pains as a result is the Universal Music Group International (UMGI) division, which was/is based in London.
Following the departure of UMGi CEO Max Hole last year, UMG boss Lucian Grainge adopted a more direct globalized structure for the business.
In essence, this means that a bifurcated US/ex-US setup in which all territories outside the States first report into an international department in London has been scrubbed.
Instead, UMG now operates with its global hubs around the world all reporting directly into UMG HQ in Santa Monica.
Lucian Grainge explained to staff: [This] will…
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