The new publishing agreement establishes a direct license between Spotify and Universal Music Publishing Group.

Spotify has been ramming nearly every subscriber into a cut-rate bundled package — and boasting about the huge royalty savings while fighting publishers tooth-and-nail. Now, there’s serious pushback coming from Universal Music Group itself — and a brand-new,

The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.

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,

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.

Robust investment flows, resilient Asian consumer demand and relentless central-bank purchases look set to offset any potential headwinds from a hawkish shift in U.S. monetary policy and with the macroeconomic outlook clouded by recession risks and policy uncertainty.

Shares in Universal Music Group rose after the music label said it signed a multiyear agreement for recorded music and music publishing with Spotify. Shares in Universal Music were 6.2% higher at 25.73 euros in early European trading on Monday. They have climbed 4.1% year to date.

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.

Trevor Noah will host the show for the fifth consecutive time, the Grammys announced Tuesday. The comedian, best known for hosting Comedy Central’s “The Daily Show” from 2015 to 2022, will once more be front and center on Feb.

The Grammy Awards are sticking with their man: Trevor Noah will host the show for the fifth consecutive time, the Grammys announced Tuesday.

Spotify and Universal announced a new deal that sources say improves the payment structure for the streamer's controversial music-audiobooks 'bundle.'

Everyone has the right to choose,” Lukashenko said of his political opponents, who he said could go to prison or flee.