Universal Music Group and Spotify have announced a new multi-year partnership that will usher in "the next era of streaming".

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

Spotify and Universal Music Group have announced a new, multi-year direct licensing pact that will cover the United States and several other companies, according to a Sunday release from the companies ...

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.