Universal Music Group stock rose on its Spotify deal and the Amazon Music price hike announced this week. Shares gained 11.2% to 26.94 euros ($27.91).

Spotify and Universal Music Group (UMG) have announced a multi-year licensing agreement that covers both recorded music and ...

Spotify has just won in a US court case regarding claims that an attempt to add extra value to their customers was simply a ...

Spotify says it paid $10 billion to the music industry in 2024, which is 10 times as much as it paid out in 2024.

Analyst Jessica Reif Ehrlich of Bank of America Securities reiterated a Buy rating on Spotify Technology SA (SPOT – Research Report), retaining ...

UMG chairman and CEO Sir Lucian Grainge called the agreement “precisely the kind of partnership development” the company ...

Another interesting piece of information mentioned in the announcement is that the new publishing agreement establishes a direct licensing between Spotify and Universal Music Publ ...

As The Verge reports, the deal suggests Spotify is considering a new “super-premium” tear geared towards “superfans.” ...

Spotify and Universal Music Group (UMG) just slid into a major multi-year collab, and it’s about to shake up the music ...

Universal Music Group and Spotify join forces to seal a massive deal that could forever change the future of the music business.

Spotify won a lawsuit filed against the company last year after Spotify began to pay songwriters less after bundling music with audiobooks.

The deal notably "establishes a direct license between Spotify and Universal Music Publishing Group across Spotify's current product portfolio in the US and several other countries," the companies ...