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Spotify strikes a huge deal with UniversalThe world's largest record label Universal Music Group (UMG) and the streaming music leader Spotify have signed a long-term ...
UMG chairman and CEO Sir Lucian Grainge called the agreement “precisely the kind of partnership development” the company ...
Spotify shares are up 10% premarket on a strong fourth quarter that saw users and subscribers grow and the global music giant ...
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 ...
The new publishing agreement establishes a direct license between Spotify and Universal Music Publishing Group. By Zoe G.
In the most recent quarter, Spotify said its gross margin increased to 31.1% from the prior year's 26.4%. Wall Street is ...
Spotify’s stock surged to a new all-time high of $626 this week, boosting the company’s market cap to $125.71 billion.
Spotify saw growth in subscribers and users in 2024, with total revenue up 16%. Spotify's investments in podcasts and video ...
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