Shares of Universal Music Group rose after the music label said it signed a multiyear agreement for recorded music and music publishing with Spotify.
Amsterdam-listed shares of Universal Music climbed 7.4% to 26 euros, or $27.31, each on Monday. They have climbed 5.2% in the year to date.
This story is from the January 28, 2025 edition of The Wall Street Journal.
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This story is from the January 28, 2025 edition of The Wall Street Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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