Saturday, September 6, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Leadership

Universal Music, Spotify reach new multiyear distribution deal – The Business Times

by Yurie Miyazawa
in Leadership
Universal Music, Spotify reach new multiyear distribution deal – The Business Times
Share on FacebookShare on Twitter


UNIVERSAL Music Group and Spotify Technology reached a new multiyear distribution agreement that includes compensation for recorded songs and publishing rights.

The world’s largest record label and the leader in music streaming said the new deal reflects changes in Spotify’s business model, including new pricing tiers and the bundling of music and non-music content. Financial terms were not disclosed.

Universal, which represents artists such as Taylor Swift and U2, expanded their relationship last year to include teasers of upcoming releases and music videos.

Spotify, which has more than 640 million paid and ad-supported users, has been expanding in recent years to include audiobooks, podcasts and other offerings besides its core music catalogue.

The National Music Publishers’ Association, which represents music publishers and songwriters, filed a complaint with the US Federal Trade Commission in June over Spotify’s decision to provide audiobooks to subscribers, which the group said resulted in reduced royalty payments to songwriters. BLOOMBERG

Share with us your feedback on BT’s products and services

Tags: BusinessDealdistributionmultiyearMusicReachSpotifyTimesuniversal
Yurie Miyazawa

Yurie Miyazawa

Next Post
Taylor Swift Supports Travis Kelce in Style at AFC Championship Game – E! Online

Taylor Swift Supports Travis Kelce in Style at AFC Championship Game - E! Online

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In