Universal Music Sells Spotify Stake and Doubles Buyback as Dollar Weighs on Revenue Universal Music Sells Spotify Stake and Doubles Buyback as Dollar Weighs on Revenue

Universal Music Sells Spotify Stake and Doubles Buyback as Dollar Weighs on Revenue

Universal Music Group moved to unlock value from one of its most significant long-term holdings on Wednesday, announcing it will monetize half of its equity stake in Spotify while simultaneously