Universal Music Group and Spotify sign new deal

Spotify defeated a lawsuit from the Mechanical Licensing Collective accusing it of unfairly cutting royalty rates via its ...
UMG chairman and CEO Sir Lucian Grainge called the agreement “precisely the kind of partnership development” the company ...
Spotify won a lawsuit filed against the company last year after Spotify began to pay songwriters less after bundling music with audiobooks.
Spotify and Universal Music Group (UMG) just slid into a major multi-year collab, and it’s about to shake up the music ...
A Spotify rep said in a separate statement ... Of the new deal, Lucian Grainge, Chairman & CEO, Universal Music Group said, “When we first presented our vision for the next stage in the ...
As The Verge reports, the deal suggests Spotify is considering a new “super-premium” tear geared towards “superfans.” ...
Here’s a music industry newsflash: everybody hates Spotify’s cut-rate ‘bundled’ royalty payments — except for Spotify.
Spotify paid out $10 billion to the music industry in 2024 — some $1 billion more than last year, the previous record — ...