No. 47: Allen Grubman & Kenny Meiselas | Power 100
ALLEN GRUBMAN, 75
Senior partner, Grubman Shire Meiselas & Sacks
Named partner, Grubman Shire Meiselas & Sacks
Last Year's Rank: 43
HIGHLIGHTS: As attorneys for Spotify, they brokered compensation deals with record labels for streaming play. Artist successes include negotiating Lady Gaga’s Super Bowl LI halftime performance and aspects of her Joanne World Tour, as well as The Weeknd’s Starboy: Legend of the Fall Tour, which grossed $80 million in 2017.
EVOLVING WITH THE INDUSTRY: As the self-described "elder statesman" of active entertainment attorneys, Grubman notes that his firm successfully navigated the economic change in the industry, going from 95 percent music clients in 2000 to about 35 percent today, and adding such digital media giants as Spotify and Facebook. He adds that a priority in 2017 was negotiating new streaming compensation deals for labels, while the year ahead will focus on bringing artists’ shares of the pie up to standard. "We’re in the process of making sure artists are properly compensated. When we do, it will be a gold mine for everybody," says Grubman. "Music is back."
MEMORABLE CONCERT: Meiselas "When I was a kid, I saw David Bowie on the Ziggy Stardust Tour, with The Spiders From Mars. Gaga is always jealous that I got to do that."