GRAINGE TAKES OUT THE "GARBAGE"

UMG chief and protector of the realm Sir Lucian Grainge made a point of calling out "merchants of garbage" during the label group's earnings call. In this particular case, it wasn't a reference to HITS.

As you may know, the DSPs are moving to adjust their payout models, with non-performing tracks and "noise" being demonetized and/or demoted to favor music, and fraud being penalized. Grainge explained to listeners that he is aiming his vitriol at certain parties who have been critical of the artist-centric royalty model he began championing early this year. "Those groups who have expressed a concern about artist centric," quoth Sir Grainge, "are those whose business model is based on being merchants of garbage."

"Sorry," he added, "I can’t really think of another word for content that no one really wants to listen to."

Ouch. Your move, trashmongers.

THE HITS LIST TURKEY TROT
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AN AWARD-WINNING CMA GALLERY
Cowboy hats and funny caps (11/21a)
NEAR TRUTHS: WITCHING HOUR
It's not easy being green. (11/21a)
NEAR TRUTHS: REALIGNMENT AND RECOGNITION
Underscoring the year's biggest stories (11/19a)
NEAR TRUTHS: THE ELEPHANT IN THE ROOM
Nervous time in the music biz and beyond. (11/16a)
NOW WHAT?
We have no fucking idea.
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Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
WHO'S BUYING THE DRINKS?
That's what we'd like to know.
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