The Spotify/UMG Deal Signals Hope for Publishers — What Comes Next?
Spotify's new direct deal with the Universal Music Group is good news for publishers and songwriters. Will other companies get to benefit as well?
New Spotify and UMG deal could create pricier ‘superfan’ subscription
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, Universal Music Group Strike Multi-Year Deal
Spotify and Universal Music Group have struck a new multi-year agreement for recorded music and music publishing “focused on growth, innovation and the advancement of artists' and songwriters' success.
Spotify signs new UMG deal which sparks bundles speculation
Discover the details of Spotify's new licensing deal with Universal Music Group and how it may impact its content and royalties approach.
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.
Universal Music Shares Jump After Agreement With Spotify
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.
Spotify Announces New Multiyear Deal With Universal Music Group
The new publishing agreement establishes a direct license between Spotify and Universal Music Publishing Group.
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.
UMG’s Strategic Spotify Deal: A Catalyst for Long-Term Growth and Enhanced Monetization
Analyst James Heaney CFA of Jefferies reiterated a Buy rating on Universal Music Group (UMGNF – Research Report), with a price target of ...
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 Analyst Sees 'Win-Win' In Early UMG Partnership
Spotify Technology SPOT said the company's new partnership with Universal Music Group UMGNF UNVGY came earlier than expected, ...
completemusicupdate21h
Judge throws out MLC’s audiobooks bundle lawsuit, says Spotify can keep cutting songwriter royalties through its “cynical trick”
The MLC’s lawsuit targeting Spotify’s “cynical trick” to reduce royalties to songwriters through its US-subscriber audiobooks ...
Strategic Renewal with Universal Music Positions Spotify for Innovation and Profitability
Analyst Jessica Reif Ehrlich of Bank of America Securities reiterated a Buy rating on Spotify Technology SA (SPOT – Research Report), retaining ...
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.” ...
Spotify Paid Out $10 Billion to the Music Industry in 2024 - $1 Billion More Than Last Year - and $60 Billion Total
While that figure may seem questionable considering how little many musicians make from streaming, it's important to bear in ...