Grainge New World

LUCIAN'S CUTTING EDGE: This week’s desultory nine-month UMG earnings report (see Rumor Mill below), which posted a 9.3% drop, has new chief Lucian Grainge sharpening his knife, according to a story in today’s U.K. Guardian here. That’s no secret, of course, as Grainge continues to meet with staff at his L.A. base. Most interesting quote in the article comes from Vivendi CFO Philippe Capron, who said, “A lot of fat can be taken out without hurting the muscles and bones,” adding that there was ‘very, very significant potential for cost savings" at the world’s largest record group. Vivendi’s overall Q3 growth was boosted thanks to video game division Activision, which sold 5.6 million copies of the $59.99 Call of Duty: Black Ops on its first day. (11/16p)

BACK TO RUMOR MILL

		HITS LIST BLASTS OFF Space is the place for Tay. (4/26a) Check It Out Now SONG STREAMS: SWIFT SETS STREAMING RECORD What did you expect? (4/26a) Check It Out Now SPRING BREAKOUTS: THESE HEATERS ARE STILL HOT Who's Boomin who. (4/26a) Check It Out Now SONG REVENUE: “SWEET” SMELLS OF SUCCESS Life after "Church" (4/26a) Check It Out Now STAGECOACH: SETS TO SEE AND PLACES TO BE Saddle up, cowboys and cowgirls. (4/26a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

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Grainge New World

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