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.

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

Spotify (SPOT) and Universal Music Group (UMGNF) entered a new multi-year agreement aimed at enhancing the music streaming ...

Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new ...

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