Billboard magazine has named rapper Jay-Z and his Pop Queen wife Beyonce as the most powerful people in the music industry.
Every year, Billboard releases it’s Power 100 List, listing down the most influential people in the record business.
No surprises there that the husband and wife team have topped the list, followed by a host of CEOs and unnamed industry players, including Jimmy Iovine, the chairman of Interscope Geffen A&M and Lucian Grainge, the CEO and chairman of Universal Music Group.
Billboard cited the power couple’s “star power to release new albums in unprecedented”.
It mentioned how Jay Z’s ‘Magna Carta Holy Grail‘ album, which was released through Samsung and B’s self titled visual album, which was released through iTunes, destroying sales records along the way, as the reasons for their unprecedented power.
“He gave his album away, she charged a premium price for hers,” commented Billboard.
Below is a list of the Top 10 of of Billboard’s Power 100 List:
1 Jay Z and Beyoncé
2 Lucian Grainge – CEO and chairman of Universal Music Group
3 Coran Capshaw – founder and owner of Red Light Management
4 Michael Rapino – CEO of Live Nation Entertainment
5 Martin Bandier – chairman and CEO of Sony/ATV Music Publishing
6 Doug Morris – chairman and CEO of Sony Music Entertainment
7 Irving Azoff – chairman and CEO of Azoff MSG Entertainment
8 Len Blavatnik – vice-chairman and owner of Warner Music Group
9 Rob Light – managing partner, head of music at Creative Artists Agency
10 Jimmy Iovine – chairman of Interscope Geffen A&M and co-founder and CEO of Beats Electronics