Taylor Swift Deal May Bring Millions to Artists on Spotify Stock Sale

Years ago, as part of her negotiation process to sign with UMG, Swift demanded that the company pay out artists - regardless ...

Universal Music Reports Quarterly Revenue of $3.3 Billion on Light Release Schedule

Universal Music Group reported revenue was flat at 2.9 billion euros ($3.33 billion) for the first quarter as the success of K-pop supergroup BTS ‘s first new album in years was offset by foreign ...

Universal Music Logs Strong Subscriptions, Streaming Revenue Growth

The music company behind Lady Gaga and Taylor Swift said revenue for the three months to the end of March grew 8.1% on year ...

Universal Music targeted in takeover bid by hedge fund Pershing Square

American hedge fund Pershing Square announced it's offered to buy Universal Music Group in a merger, saying it believed the world's biggest music label was undervalued by stock markets.

Universal Music to sell half its Spotify stake, boosts buyback

Universal Music Group NV said Wednesday it will sell half of its stake in Spotify Technology SA and increase its share buyback program to €1 billion.