"GRAMMY Effect" Spikes Sales

"GRAMMY Effect" Spikes Sales
The 52nd Annual GRAMMY Awards drove a 3.3 percent increase in album sales compared to last week, according to a Billboard report. The 2010 GRAMMY Nominees album jumped to No. 5 with sales of 71,000 units, a 55 percent increase. Top GRAMMY winner Beyoncé's I Am…Sasha Fierce rose to No. 14 with sales of 32,000 copies, a 101 percent increase. Other GRAMMY performers experiencing sales increases include Pink (up 234 percent), Dave Matthews Band (up 114 percent), the Zac Brown Band (up 82 percent), the Black Eyed Peas (up 76 percent), Taylor Swift (up 58 percent), and Lady Gaga (up 17 percent). Lady Antebellum, who also performed on the telecast, remained at No. 1 for the second consecutive week. (2/10)

Grainge Promoted To UMG CEO
Universal Music Group International Chairman and CEO Lucian Grainge has been promoted to CEO of Universal Music Group, effective Jan. 1, 2011. He will succeed Doug Morris and report to Jean-Bernard Lévy, chairman of the management board of Vivendi. Grainge will relocate from London to New York to serve as co-CEO of UMG in tandem with Morris for six months starting July 1. Morris, who has served as UMG chairman and CEO since 1995, will remain as company chairman. (2/10)
 

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