Spotify-UMG Music Publishing Deal

This is a Spotify news story, published by Yahoo Finance (Canada), that relates primarily to UMG news.

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Spotify

Reuters

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Universal Music Group and Spotify strike new agreement

Summary

Nutrition label

81% Informative

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.

The publishing agreement establishes a direct license between Spotify and UMG across Spotify 's current product portfolio in the U.S. and several other countries.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful