Universal Music sells half Spotify stake, doubles buyback Yahoo Finance
Universal Music Group reduced its Spotify stake by half while increasing its share buyback program, aiming to return capital to shareholders. This move signals confidence in its financial strategy amid evolving music industry dynamics. Affected parties include investors and market watchers tracking UMG’s asset management. AI-assisted, human-reviewed
Universal Music sells half Spotify stake, doubles buyback Yahoo Finance
Google News: Spotify