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

Discover the details of Spotify's new licensing deal with Universal Music Group and how it may impact its content and ...

By Kristin Robinson Senior Writer Universal Music Group and Spotify have struck a new direct deal, impacting both ... in audiobooks as part of its premium tiers. Instead of paying out royalties ...

Spotify and Universal Music Group announced a new multiyear deal on Sunday, establishing a direct license between the streamer and music label in the U.S. and several other countries. The ...

Universal Music Group, the world's largest music company, and streaming behemoth Spotify on Sunday announced a multi-year ...

sources confirm to Variety that the deal improves at least some of the payment structure of Spotify’s controversial music-audiobooks “bundling” deal, announced last year, which meant a lower ...

Analyst James Heaney CFA of Jefferies reiterated a Buy rating on Universal Music Group (UMGNF – Research Report), with a price target of ...

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.

It also marks the first direct license between Spotify and a major publisher in several years. While terms of the deal were not announced, sources confirm to Variety that the deal improves at ...