FILE - In this Feb. 3, 2013 file photo, Beyonce performs during the halftime show of the NFL Super Bowl XLVII football game between the San Francisco 49ers and the Baltimore Ravens, in New Orleans. Beyonce and Jay Z share the top spot on Billboard’s Power 100 list announced on Thursday, Jan. 23, 2014. (AP Photo/Mark Humphrey, File)
LOS ANGELES (AP) — Beyonce and Jay Z share the top spot on Billboard's Power 100 list.
Universal Music Group CEO Lucian Grainge and Red Light Management founder Coran Capshaw follow the performers on the annual list of most influential people in the music industry.
Grainge and Capshaw placed first and second last year, respectively.
Billboard editors compiled the list after analyzing market share, revenue and other data.
Jay Z and Beyonce each founded their own companies, Roc Nation and Parkwood Entertainment.
Justin Bieber's manager, Scooter Braun; music producer Dr. Luke; Spotify CEO Daniel Ek; recording executive Jimmy Iovine; and Ryan Seacrest also made the list.