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Can this man save the music business?
Can this man save the music business?

Lucian Grainge has a vision for the future of the music business that bears scant resemblance to the traditional record company playbook. He is putting songs on smartphones in Africa, reviving moribund American record labels and making Lorde into a Grammy-winning global sensation. Above all, he wants to forge new partnerships with his industry's erstwhile adversaries — the technology firms that have upended the way people get their music. Skeptics question whether anyone can reverse the decline of an industry that has seen global sales plummet from $28 billion in 1999 to $16.5 billion in 2012. But if anyone can save the music business, it might be Grainge. As chairman of Universal...

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