JOURNAL ARTICLE

Universal Music, Spotify Reach New Multiyear Distribution Deal.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Palmeri, Christopher 3 of 3

Abstract

Universal Music Group NV and Spotify Technology SA have reached a new multiyear distribution agreement that includes compensation for recorded songs and publishing rights. The deal reflects changes in Spotify's business model, such as new pricing tiers and bundling music with non-music content. Universal, home to artists like Taylor Swift and U2, has expanded its relationship with Spotify to include teasers and music videos. Spotify, with over 640 million users, has been diversifying its offerings to include audiobooks and podcasts. The National Music Publishers' Association filed a complaint over Spotify's decision to offer audiobooks, claiming it led to reduced royalty payments for songwriters. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/01, pN.PAG
  • Document Type:Article
  • Subject Area:Music
  • Publication Date:2025
  • Accession Number:182441650
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.