Universal Music Shares Jump

Universal Music Shares Jump After Agreement With Spotify
The deal establishes a direct license between Spotify and Universal Music across the streaming subscription service’s current product portfolio in the U.S. and beyond, the companies said.
Universal Music Group and Spotify strike new agreement
Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new multi-year agreement for recorded music and music publishing, they said on Sunday.
Spotify Signs New 'Streaming 2.0' Deal With Universal Music Group
The deal focuses on what the companies call "Streaming 2.0" - the "next stage in the evolution of music" rooted in new paid subscription tiers and an expanded content catalog, as well as artist and user perks.
Universal, Spotify ink multi-year deal
Universal, Spotify ink multi-year deal Universal Music Group, the world's largest music company, and streaming behemoth Spotify on Sunday announced a multi-year direct deal that will affect both recording and publishing royalty rates.
Universal Music Group and Spotify sign new deal as Björk slams streaming company
Spotify is probably the worst thing that has happened to musicians.” Despite new agreements between the world’s largest music label and one of the largest providers of music streaming services, the Icelandic artist’s words continue to ring true.
Spotify and Universal Music Group announce massive new deal that impacts royalty rates
Universal Music Group and Spotify on Sunday announced a huge multi-year direct deal that will affect both recording and publishing royalty rates.
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TikTok responds after Universal Music Group reveals plan to remove music from their platform
In an open letter shared on Tuesday (Jan. 30), Universal Music Group announced intentions to remove its entire library of music from TikTok after their contract expires today (Jan. 31).
Universal Music And Spotify Partner To Boost Artist Earnings And Innovate Streaming Experience
Universal Music Group and Spotify announced multi-year deals to advance streaming innovation, benefit artists, songwriters, ...