Universal Music Group, the world's largest music company, and streaming behemoth Spotify have announced a multi-year direct deal that will affect both recording and publishing royalty rates. The joint ...

Universal Music Group, the world's largest music company, and streaming behemoth Spotify on Sunday announced a multiyear direct deal that will affect both recording and publishing royalty rates.

We added to our position in Universal Music Group after the shares swooned by as much as 23% at one point recently. Click here for our UMGNF thesis.

JPMorgan analyst Daniel Kerven raised the firm’s price target on Universal Music Group (UMGNF) to EUR 42 from EUR 36 and keeps an Overweight ...