Doug Morris

Report: Doug Morris to Step Down as Universal Music CEO

Authored by Mark Hefflinger on November 3, 2009 - 8:02am.
New York - Universal Music Group chairman and chief executive Doug Morris intends to step down from his CEO role next summer, BusinessWeek reports. The company is reportedly grooming international CEO Lucian Grainge to replace Morris, 71, who is expected to remain chairman of the world's largest record label.

Universal, Sony BMG Support "Total Music" iTunes Competitor

Authored by Mark Hefflinger on October 12, 2007 - 9:49am.

Los Angeles - Major record label Universal Music Group is working on a label-owned iTunes Store competitor concept called Total Music, which would provide unlimited access to songs, paid for through a $90 fee added to the cost of portable players, BusinessWeek reports in its October issue.