Culture April 29, 2026 2 min read Google News: Spotify EN

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

Culture

Universal Music sells half Spotify stake, doubles buyback Yahoo Finance

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    Google News: Spotify

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