Tag Archives: Universal Music

Spotify To Ink $1B Deal With Universal

Spotify is expected to sign a $1B licensing agreement with Universal Music to cover streaming royalties over the next two years. The $1 billion number — equal to the global revenue generated by all companies in the fast-growing streaming sector in 2013 — underscores the extent to which Spotify and other streaming services will drive digital revenue for the world’s …

Read More »