UMG chairman and CEO Sir Lucian Grainge called the agreement “precisely the kind of partnership development” the company hoped for when describing Streaming 2.0. That presentation envisioned a “Super-Premium” subscription for superfans that could mean things like early access to music,
Universal Music Group and Spotify announced multi-year deals to advance streaming innovation, benefit artists, songwriters, and consumers.
Universal Music Group and Spotify on Sunday announced a huge multi-year direct deal that will affect both recording and publishing royalty rates.
Discover the details of Spotify's new licensing deal with Universal Music Group and how it may impact its content and royalties approach.
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.
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The Toronto rapper is suing Universal Music Group for defamation, alleging that the release and promotion of Kendrick Lamar's 2024 hit threatened his life and career.
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Spotify Technology S.A. (SPOT) and Dutch-American music company Universal Music Group N.V. ($UMGNF) announced new multi-year agreements on Sunday, perking up retail investors' sentiment. The companies said the agreements are for recorded music,
Spotify and Universal Music Group have struck a new multi-year agreement focused on driving subscriber growth and advancing music monetization.