In 2008, Grainge received the Music Industry Trusts' Award, which recognizes the world's most successful music executives. The award was presented by members of U2, and Take That performed at the ceremony. Grainge was appointed
Commander of the Order of the British Empire (CBE) in the 2010 New Year Honors for services to the creative industries. In 2012, he was appointed a British Business Ambassador by the UK Prime Minister
David Cameron. He was
knighted in the 2016 Birthday Honours for services to British business and inward investment. He was inaugurated to appointment to the Order of the British Empire and Knight Bachelor on 29 November 2016. In 2013, he received the Humanitarian Award from
The Foundation for Ethnic Understanding. That same year, UMG was honoured with a SAG-AFTRA American Scene Award, recognising the company's commitment to diversity as exemplified by its "entire catalog and roster of artists." In 2014, he was awarded the President's Merit Award ("Icon Award") by the
Grammy Award in recognition of his significant contributions to the music industry. In 2015, Grainge was featured in
Amy, a
documentary film depicting the life and death of British singer
Amy Winehouse. In October 2016,
Variety presented Grainge with its 2016 Empowerment Award for overseeing a "noticeable shift in the demographics of the industry leader’s C-suites" with women occupying some of the highest executive positions at Universal Music Group. In May 2017, the
Cannes Lions International Festival of Creativity announced that Grainge would be honored as the 2017 Media Person of the Year, the first music executive to receive this honour. Philip Thomas, CEO of Ascential Events, organizers of Cannes Lions, praised his "bold investments in music and technology that helped return the industry to growth, while continuing to foster an environment that puts artists first". In June 2018, Grainge was inducted into the
Songwriters Hall of Fame with the Howie Richmond Hitmaker award. At the ceremony,
Ariana Grande performed in his honor and Grainge was inducted by
The Weeknd. He was awarded an honorary doctorate of music by the
Berklee College of Music in May 2016 and an honorary doctorate of global commerce by
Northeastern University in May 2017. In March 2019, Grainge received a
PTTOW! Icon Award, which "honors trailblazers in their industries who have had an impact on culture around the world." In September 2019, Grainge received the Golden Plate Award of the
American Academy of Achievement presented by Awards Council member
Peter Gabriel. In 2020,
Billboard named Grainge as the first-ever Executive of the Decade after he topped the magazine's "Power 100" list as the most powerful person in the music business in 2013, 2015, 2016 and 2019. He was subsequently named No. 1 on the list for 2022 and 2023 for a record six times.
Irving Azoff called him "the great hope for the music business" and
Jimmy Iovine commented that Grainge "is working to restore [a] spirit of risk-taking and innovation" by being "willing and open to entrepreneurship and that kind of thing the record industry has gotten depleted of." An interview feature in
Billboard described Grainge as "a fierce and tireless advocate for the recorded-music business". In 2013, CNET wrote that "Grainge is positioning Universal to lead the pack" of major labels in their embracing of new digital opportunities. A 2014 front-page
Los Angeles Times profile said that "if anyone can save the music business, it might be Grainge." In 2025,
Variety ranked him eighth on its list of the most powerful executives in the entertainment industry. ==References==