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Taylor Swift Deal Benefits UMG Artists in Spotify Stock Sale
Universal Music Group artists are poised to earn millions from a Spotify stock sale, a benefit largely attributed to the terms of Taylor Swift's record contract with UMG. Her deal reportedly ensures that proceeds from such sales are shared with other artists.
29 Apr, 21:03 — 29 Apr, 22:17
Source Diversity
Source Diversity
Low (19/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 1/5 buckets covered0/33
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hollywood-reporterbillboard
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Geographic diversity— 1 region4/34
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hollywood-reporterMostly Factual31m ago
Universal Music Artists Can Reap Millions From Spotify Stock Sale, Thanks to Taylor Swift
Years ago, as part of her negotiation process to sign with UMG, Swift demanded that the company pay out artists — regardless of debts they may have to the company — if UMG ever sold off its Spotify stock.
By Ethan Millman
Read full article →billboardMostly Factual1h ago
How Taylor Swift’s Record Contract Could Lead to Millions of Dollars for UMG Artists After Spotify Stock Sale
A clause Swift had inserted into her initial deal with Universal in 2018 could have a major effect for some artists after UMG offloads part of its Spotify stock.
By Elizabeth Dilts Marshall
Read full article →Coverage Timeline
First report: billboard · 29 Apr, 21:03|Full coverage: 2 · 1h|Window: 1h
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