Universal has sold a chunk of Spotify stock for around $467M. Artists will likely be paid over $100M of it.

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Per MBW's calculations, UMG artists could be in line for approximately $131 million of the money.

Source



source https://www.musicbusinessworldwide.com/universal-has-sold-a-chunk-of-spotify-stock-for-around-467m-artists-will-likely-be-paid-over-100m-of-it/

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