Music

Spotify : ce qu'il faut savoir

Universal Music Group confirmed Wednesday that it would be selling half of its 3 percent stake in Spotify — a deal worth as much as $1.4 billion based on the streaming service’s valuation as of April 29 — and thanks in part to Taylor Swift, all of UMG’s roster of artists stand to be cashing in too.

Rédaction HeSoul4 min de lecture
Spotify : ce qu'il faut savoir
Crédit : Yahoo

Spotify en Turkey fait l'actualité ce jeudi. Selon The Hollywood Reporter, Universal Music Group confirmed Wednesday that it would be selling half of its 3 percent stake in Spotify — a deal worth as much as $1.4 billion based on the streaming service’s valuation as of April 29 — and thanks in part to Taylor Swift, all of UMG’s roster of artists stand to be cashing in too.

Les faits

  • Universal Music Group confirmed Wednesday that it would be selling half of its 3 percent stake in Spotify — a deal worth as much as $1.4 billion based on the streaming service’s valuation as of April 29 — and thanks in part to Taylor Swift, all of UMG’s roster of artists stand to be cashing in too.
  • UMG to sell half of its roughly 2.7-billion-euro Spotify stake.
  • Years ago, as part of her negotiation process to sign with UMG, Swift demanded that the company pay out artists — regardless of debts they may have to the company — if UMG ever sold off its Spotify stock.
  • Universal Music Group said on Wednesday it would sell half of its equity stake in Spotify and double its share buyback programme, as it ​reported first-quarter revenue held back by a weaker U.S. dollar.
  • How Swift has anything to do with this windfall is a bit complicated, and goes all the way back to the major record labels’ original licensing agreements with Spotify from the late 2000s, which got the companies stock in the then-fledgling streaming service.

L'essentiel

Reuters indique que UMG to sell half of its roughly 2.7-billion-euro Spotify stake. D'après The Hollywood Reporter, Years ago, as part of her negotiation process to sign with UMG, Swift demanded that the company pay out artists — regardless of debts they may have to the company — if UMG ever sold off its Spotify stock. Comme le souligne Reuters, Universal Music Group said on Wednesday it would sell half of its equity stake in Spotify and double its share buyback programme, as it ​reported first-quarter revenue held back by a weaker U.S. dollar. Selon The Hollywood Reporter, how Swift has anything to do with this windfall is a bit complicated, and goes all the way back to the major record labels’ original licensing agreements with Spotify from the late 2000s, which got the companies stock in the then-fledgling streaming service.

Les chiffres

The Hollywood Reporter indique que Credit where it’s due, as Music Business Worldwide reported back in 2016, with no legal requirement to do so, Warner Music Group and Sony Music Group had both committed to doling out some of the profits to the artists if they sold their Spotify stock. D'après The Hollywood Reporter, Sony sold first, selling off a portion of its Spotify stock after the IPO in April in 2018. Comme le souligne The Hollywood Reporter, Meanwhile, Swift famously removed her music from Spotify in protest of low payouts compared to album sales, with her music returning in 2017. Selon The Hollywood Reporter, At the time of her signing with UMG in November of 2018, Swift said that non-recoupable term on the Spotify stock sales “meant more to me than any other deal point.”

Les chiffres
Les chiffres

Ce qu'ils disent

“They have generously agreed to this, at what they believe will be much better terms than paid out previously by other major labels,” Swift wrote in 2018, giving her thanks to UMG CEO Lucian Grainge. (The Hollywood Reporter) “I see this as a sign that we are headed towards positive change for creators,” Swift wrote of the stock terms back in 2018 after signing with UMG, “a goal I’m never going to stop trying to help achieve, in whatever ways I can.” (The Hollywood Reporter)

Le contexte

Selon The Hollywood Reporter, Universal Music Group Universal Music Group to Sell Half of Its Spotify Stake, Reports $3.3 Billion in Revenue. The Hollywood Reporter indique que Universal Music Group to Sell Half of Its Spotify Stake, Reports $3.3 Billion in Revenue. D'après The Hollywood Reporter, UMG confirmed it’d do the same nearly two years later, about a month before Spotify’s IPO. Comme le souligne The Hollywood Reporter, Warner did the same a few months later, selling the company’s entire Spotify stake.

Recherches associées

Les recherches associées qui dominent la conversation : Après la musique, Spotify veut se lancer dans le sport • Spotify atteint 761 millions d'utilisateurs actifs au premier trimestre 2026, au-dessus de ses attentes • Spotify : cette nouveauté peut-elle concurrencer Apple Fitness ? • Pour ses 20 ans, Spotify dévoile un classement historique • Yoga, pilates, muscu : voici comment Spotify veut venir votre nouveau coach sportif • Spotify boit la tasse après des prévisions décevantes.

À retenir

  • How Swift has anything to do with this windfall is a bit complicated, and goes all the way back to the major record labels’ original licensing agreements with Spotify from the late 2000s, which got the companies stock in the then-fledgling streaming service.
  • During that process, while UMG had already committed to paying out artists on Spotify stock sales, Swift asked UMG to commit that the deal would be non-recoupable.
  • Ackman planned to sell Spotify stake as ​part of his bid.
  • Recherches qui explosent : Après la musique, Spotify veut se lancer dans le sport, Spotify atteint 761 millions d'utilisateurs actifs au premier trimestre 2026, au-dessus de ses attentes, Spotify : cette nouveauté peut-elle concurrencer Apple Fitness ?, Pour ses 20 ans, Spotify dévoile un classement historique.

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