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, they said on Sunday.

Discover the latest news on Universal Music Group's expansion into the Nigerian music market with their investment in Mavin ...

Analyst James Heaney CFA of Jefferies reiterated a Buy rating on Universal Music Group (UMGNF – Research Report), with a price target of ...

Drake has withdrawn his legal petition against Universal Music Group (UMG) and Spotify after accusing the companies of colluding to discount the streaming licensing rates on Kendrick Lamar’s ...

Cindy Mabe, Chair and CEO of UMG Nashville since April 2023, is leaving the company “to pursue new opportunities”.

In decision filed on Friday, Jan. 17, the court pointed to millions in royalties and advances UMG had paid the group, ruling that the band had failed to present a viable rescission claim.

"UMG wants the public to believe that this is a fight between rappers, but this lawsuit is not brought against Kendrick Lamar," they said. "This lawsuit reveals the human and business ...