It used to be considered a privilege to work in the music business. Now there are other attractions.
According to a survey by Digital Music News, some 25 senior executives are on salaries of more than $1 million a year – and that’s before bonus.
This, notes, DMN, represents a marked improvement since Lucian Grainge took over as chairman. There used to be more than 30 desk-jockey millionaires at Universal. Grainge must have fired a few. Mostly Americans, it’s assumed, since the chairman is known to prefer Brits.