The Recording Academy has also pledged $1million to Los Angeles wildfire relief efforts, while Universal Music Group and Warner Music have confirmed plans to cancel all Grammy-related parties

Sony Music, Universal Music Group, and Warner Music Group have cancelled their Grammy-related events due to the Los Angeles

The new publishing agreement establishes a direct license between Spotify and Universal Music Publishing Group.

We added to our position in Universal Music Group after the shares swooned by as much as 23% at one point recently. Click here for our UMGNF thesis.

Spotify (SPOT) and Universal Music Group (UMGNF) entered a new multi-year agreement aimed at enhancing the music streaming experience for both artists and consumers.

Analysts fell to the sidelines weighing in on Universal Music Group (UMGNF – Research Report) and AT&T (T – Research Report) with neutral

Universal Music Group (UMG), the world leader in music-based entertainment and Spotify, the world's most popular audio streaming subscription service, today announced new, multi-year agreements for Recorded Music and Music Publishing focused on growth,