Universal Music Shares Jump

Spotify, Universal Music Group Strike New Multi-Year Music Licensing Deal
Spotify and Universal Music Group have announced a new, multi-year direct licensing pact that will cover the United States and several other companies, according to a Sunday release. "When we first presented our vision for the next stage in the evolution of music subscription several months ago -- Steaming 2.
Universal Music Shares Jump After Agreement With Spotify
The deal establishes a direct license between the companies across Spotify’s current product portfolio in the U.S. and beyond.
Confirmed: Spotify and Universal have a new deal – including a direct agreement with Universal Music Publishing Group in the US
It’s official: as MBW reported earlier, Spotify and Universal Music Group have inked a new multi-year licensing agreement. Both sides of the deal have now confirmed their fresh alliance.
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 Announces New Multiyear Deal With Universal Music Group
The new publishing agreement establishes a direct license between Spotify and Universal Music Publishing Group.
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.
Spotify, Universal Music Group Strike Multi-Year Deal
Spotify and Universal Music Group have struck a new multi-year agreement focused on driving subscriber growth and advancing music monetization.
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 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.
Spotify Wins Lawsuit Over Bundling Royalties
Spotify defeated a lawsuit from the Mechanical Licensing Collective accusing it of unfairly cutting royalty rates via its ...
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Spotify and UMG sign major deal for superfan tiers, but users are skeptical – "Can’t wait to see the price increases!"
Spotify and Universal Music Group (UMG) just slid into a major multi-year collab, and it’s about to shake up the music ...
Spotify Wins Lawsuit Over Bundling Controversy That Lowered Payments to Songwriters
Spotify won a lawsuit filed against the company last year after Spotify began to pay songwriters less after bundling music with audiobooks.
Spotify Paid Out $10 Billion to the Music Industry in 2024 — $1 Billion More Than Last Year — and $60 Billion Total
Spotify paid out $10 billion to the music industry in 2024 — some $1 billion more than last year, the previous record — ...
Spotify Might Introduce More Expensive ‘Superfan’ Features That Include Early Access To New Music And More
As The Verge reports, the deal suggests Spotify is considering a new “super-premium” tear geared towards “superfans.” ...
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Spotify Wins Big Against the MLC. But Will They Win This War?
Here’s a music industry newsflash: everybody hates Spotify’s cut-rate ‘bundled’ royalty payments — except for Spotify.
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Spotify and Universal Unveil Far-Reaching Deal That Improves ‘Bundling’ Payment Structure
A Spotify rep said in a separate statement ... Of the new deal, Lucian Grainge, Chairman & CEO, Universal Music Group said, “When we first presented our vision for the next stage in the ...