Spotify and the Universal Music Group have struck a new deal that will expand platform monetization and change how songwriters get paid for streams.

Universal Music has signed a big new deal with Spotify, and it’s precisely what Lucian Grainge “envisioned” when he coined the buzzword “streaming 2.0”, apparently. More importantly, it seems to addre

Universal Music Group and Spotify announced this week they’ve reached an agreement for a multi-year deal that improves payment structure.