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Spotify, Universal Music Group strike global licensing deal

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Universal Music Group and music streaming giant Spotify inked a multiyear global licensing pact on Wednesday. The deal will allow Universal — the world’s largest…
Universal Music Group and music streaming giant Spotify inked a multiyear global licensing pact on Wednesday.
The deal will allow Universal — the world’s largest record label which reps the likes of Lady Gaga, Taylor Swift, Drake and Kanye West — to promote its artists on Spotify’s platform and be an early adapter of the streamer’s new technology. Terms of the deal weren’t disclosed.

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