For the second consecutive year Billboard has named Lucian Grainge, Chairman and CEO of Universal Music Group, the industry’s #1 power broker, leading the brand’s annual Power 100 list of music’s most powerful executives.

This year's Power 100 details how Grainge's Universal Music Group dominates the market, with UMG artists sweeping the 58th GRAMMY Awards category for Album of the Year, and the label accounting for seven of the top 10 best-selling albums of 2015.

Billboard announced its highly anticipated Power 100 rankings tonight in Beverly Hills, at an event that recognized 39 first-time honorees representing heavyweights from record companies, music publishers, managers, talent agencies, and digital consumer brands.

The influential Power 100 has long been considered the definitive list by which industry executives view their annual achievements, evolving legacies, and their standing in the ever-shifting music business. Its selection determines who’s ruling the business of management, publishing, and representation. Among those influencers recognized: 31 labels, 16 management companies, and seven publishers.

“Lucian on the most basic level consistently lives and breathes his mantra: ‘break new artists,’” said Janice Min, co-president and chief creative officer of The Hollywood Reporter-Billboard Media Group. “But more than that, he is as forward-thinking as any executive out there, looking not to preserve broken business models but lead the transformation of a once old-fashioned record business into a huge cutting-edge entertainment business, with the rights of artists and the value of content made a priority.”

Billboard Power 100 top ten:

1. Lucian Grainge, Chairman/CEO, Universal Music Group

2. Michael Rapino, President/CEO, Live Nation

3. Eddy Cue, Senior VP, Internet & Software Services, Apple; Jimmy Iovine, Executive, Apple; Robert Kondrk, VP, Media Apps & Content, Apple; Trent Reznor, Executive, Apple

4. Doug Morris, CEO, Sony Music Entertainment

5. Martin Bandier, Chairman/CEO, Sony/ATV Music Publishing

6. Irving Azoff, Chairman/CEO, Azoff/Madison Square Garden Entertainment

7. Coran Capshaw, Founder, Red Light Management

8. Len Blavatnik, Vice Chairman/Owner, Warner Music Group

9. Rob Light, Partner/Managing Director/Head of Music, Creative Artists Agency

10. Daniel Ek, Co-Founder/CEO, Spotify

No. 11
Bob Pittman
No. 12
Michele Anthony & Boyd Muir
No. 13
Stephen Cooper
No. 14
Rob Stringer
No. 15
Avery & Monte Lipman
No. 16
Marc Geiger
No. 17
Steve Barnett
No. 18
Jody Gerson
No. 19
Jay Marciano
No. 20
Craig Kallman & Julie Greenwald
No. 21
Guy Oseary
No. 22
Scott Borchetta
No. 23
Tom Corson & Peter Edge
No. 24
Michael Mahan & Allen Shapiro
No. 25
John Janick
No. 26
Arthur Fogel
No. 27
Jennifer Breithaupt
No. 28
Tom Poleman & John Sykes
No. 29
Mike Dungan
No. 30
Scooter Braun
No. 31
Jon Platt
No. 32
Marty Diamond, Chip Hooper, Paul Morris & Tom Windish
No. 33
Joel Katz
No. 34
Brian McAndrews & Tim Westergren
No. 35
Cameron Strang
No. 36
Hartwig Masuch
No. 37
Robert Kyncl
No. 38
Brian O'Connell, Mark Campana, Brad Wavra, David Zedeck, Bob Roux
No. 39
Jonathan Dickins
No. 40
Paul Tollett
No. 41
John Branca
No. 42
Andre J. Fernandez
No. 43
Jared Smith & Russell Wallach
No. 44
Julie Swidler, Dennis Kooker & Kevin Kelleher
No. 45
Scott Greenstein
No. 46
Adam Harter
No. 47
Oliver El-Khatib
No. 48
Steve Bartels
No. 49
Richard Griffiths & Harry Magee
No. 50
Allen Grubman & Kenny Meiselas
No. 51
Dennis Arfa
No. 52
Jay Brown
No. 53
Pasquale Rotella
No. 54
Antonio 'L.A.' Reid & Sylvia Rhone
No. 55
Neil Portnow
No. 56
David Massey
No. 57
Rich Riley
No. 58
Jonathan Hull
No. 59
Rich Lehrfeld
No. 60
Jeffrey Harleston & Michael Nash
No. 61
Louis Messina
No. 62
Brandon Creed
No. 63
John Esposito
No. 64
Ryan Beach
No. 65
Martin Mills
No. 66
Raja Rajamannar
No. 67
Randy Goodman
No. 68
Rob Prinz, Mark Siegel & Steve Levine
No. 69
Willard Ahdritz
No. 70
Robert Greenblatt & Lorne Michaels
No. 71
Peter Mensch & Cliff Burnstein
No. 72
Monica Escobedo & Brittany Schreiber
No. 73
Phil Kent
No. 74
Charlie Walk
No. 75
Afo Verde
No. 76
Michael O'Neill, Elizabeth Matthews & John Josephson
No. 77
Cortez Bryant, Gee Roberson & Shawn Gee
No. 78
Bradford Cobb
No. 79
Alexander Ljung
No. 80
Scott Pascucci & Steve Smith
No. 81
Lyor Cohen, Todd Moscowitz & Kevin Liles
No. 82
Jason Owen
No. 83
Steve Boom
No. 84
Stephen Hill & Debra Lee
No. 85
Jesus Lopez
No. 86
Neil Warnock, Jeremy Zimmer & Natalia Nastaskin
No. 87
Daniel Glass
No. 88
Ken Ehrlich & Jack Sussman
No. 89
Sarah Moll
No. 90
Joel Klaiman
No. 91
Danny Strick & Rick Krim
No. 92
Peter Shapiro
No. 93
Clint Higham
No. 94
Raul Alarcon Jr.
No. 95
Phil McIntyre
No. 96
Jordan Feldstein
No. 97
Steve Berman
No. 98
Michelle Jubelirer
No. 99
Sarah Trahern
No. 100
David Israelite