Industry Aug 5, 2026
Universal Sells $467M in Spotify Stock
In short
Per MBW's calculations, UMG artists could be in line for approximately $131 million of the money.
Originally published by
Music Business Worldwide
Universal Music Group has divested a portion of its Spotify holdings, realizing approximately $467 million from the sale. Calculations suggest that artists associated with Universal may receive over $100 million from these proceeds.
The precise amount artists could collectively earn is estimated to be around $131 million, according to Music Business Worldwide. Originally reported by Music Business Worldwide.
The precise amount artists could collectively earn is estimated to be around $131 million, according to Music Business Worldwide. Originally reported by Music Business Worldwide.