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    Today's EDM News

    Spotify and UMG Partner for New Subscription and Royalties Model
    RIKIO ROCKS
    / Categories: EDM News

    Spotify and UMG Partner for New Subscription and Royalties Model

    Spotify and Universal Music Group (UMG) have reached a new multi-year agreement aimed at reshaping their partnership and potentially, artist royalties. The deal is expected to introduce a tiered subscription model with benefits for “superfans.” While specifics are not yet fully disclosed. The agreement signals a shift in how music streaming services and record labels might collaborate going […]

    The post Spotify and UMG Partner for New Subscription and Royalties Model appeared first on EDMTunes.

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    Tags: EDMTunesCollabEDMSpotifyUniversal Music

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