Universal boss admits "heartbreaking" losses after warehouse fire, says they "owe artists transparency"

"The loss of even a single piece of archived material is heartbreaking" - sir Lucian Grainge said in an email to staff, a week after it was revealed that Universal Music's archive had been devastated by fire. The company's boss has described the losses as "painful", and, 11 years after the fire happened, shared a late sentiment - "We owe our artists transparency. We owe them answers". Up to 500,000 recordings were destroyed by a fire at Universal Studios in 2008. Variety...