02 Dec Universal Cost Cutting
Posted at 15:00h
in Uncategorized
Universal Music chief Lucian Grainge who oversaw Universal’s operations outside the US for five years until a promotion prompted a relocation from London to Los Angeles, is aiming to overhaul the business, which posted a 9.3% fall in earnings before interest, tax and amortisation of €244m (£206m) in the first nine months of the year.