It’s A LOT going on … Universal Music Group (UMG) is seeking to have Drake’s pre-action petition dismissed in a Texas court, which accuses the label of secretly promoting Kendrick Lamar’s ...

Universal Music Group (UMG) has filed a counterclaim against its biggest star, Drake, seeking to dismiss his pre-suit deposition in Texas. Drake filed the legal documents in Bexar County ...

Universal Music Group (UMG), is pushing back against Drake’s Texas lawsuit asking the court to toss out his filing. The label filed a 144-page motion to dismiss Drake’s petition, denying the ...

Drake’s escalating legal battle with Universal Music Group (UMG) and Spotify shows no signs of slowing down. The Toronto rapper caused a stir by withdrawing a petition he had filed in New York ...

Filed earlier this month, Drake’s case accuses UMG of defaming him by boosting Lamar’s track, which attacks Drake as a “certified pedophile” and became a chart-topping hit in its own right.

Investing.com -- Universal Music Group (AS:UMG) and Spotify (NYSE:SPOT) have announced a new multi-year deal for recorded music and publishing, the companies announced in a Sunday statement.

The new publishing agreement establishes a direct license between Spotify and Universal Music Publishing Group. By Zoe G. Phillips Spotify and Universal Music Group announced a new multiyear deal ...

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The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

While terms of the deal were not announced, sources confirm to Variety that the deal improves at least some of the payment structure of Spotify’s controversial music-audiobooks “bundling ...

1 Day UMG 7.35% DJIA 0.65% S&P 500 -1.46% Media/Entertainment -0.68% ...