(RTTNews) – Spotify Technology SA (SPOT) shares reached a new five-week h8 at $299.five6 on Wednesday morning and are lately traded at $292.five6, up to $16.18 or five.8five%, with a trading volume of more than 1.15 million compared to an average volume of $2.89. millions of shares
Spotify and Universal Music Group have announced a multi-year global licensing agreement that aligns companies’ efforts to foster innovative new features that burden artists and wonderful reports for music fans.
The agreement reflects a shared commitment to the continued growth of music, consistent with music discovery and collaboration in new marketing campaigns on the Spotify platform.
As one of The first Spotify sponsors, UMG would also deepen its role as a precursor to long-term products and provide valuable feedback to Spotify’s progression team.