Music

Spotify : ce qu'il faut savoir

Universal Music Group confirmed Wednesday that it would be selling half of its 3 percent stake in Spotify — a deal worth as much as $1.4 billion based on the streaming service’s valuation as of April 29 — and thanks in part to Taylor Swift, all of UMG’s roster of artists stand to be cashing in too.

Rédaction HeSoul5 min de lecture
Spotify : ce qu'il faut savoir
Crédit : The Hollywood Reporter

Spotify en Poland fait l'actualité ce jeudi. Selon The Hollywood Reporter, Universal Music Group confirmed Wednesday that it would be selling half of its 3 percent stake in Spotify — a deal worth as much as $1.4 billion based on the streaming service’s valuation as of April 29 — and thanks in part to Taylor Swift, all of UMG’s roster of artists stand to be cashing in too.

Les faits

  • Universal Music Group confirmed Wednesday that it would be selling half of its 3 percent stake in Spotify — a deal worth as much as $1.4 billion based on the streaming service’s valuation as of April 29 — and thanks in part to Taylor Swift, all of UMG’s roster of artists stand to be cashing in too.
  • Taylor Swift's UMG deal could get the company's artists a big payout from UMG's sale of Spotify shares announced on Wednesday (April 29).
  • Universal Music Group chairman and CEO Lucian Grainge said on Tuesday (April 29) in an earnings call that the company’s board had approved the sale of half of UMG’s equity stake in Spotify, and that a portion of the proceeds will go to UMG artists.
  • Years ago, as part of her negotiation process to sign with UMG, Swift demanded that the company pay out artists — regardless of debts they may have to the company — if UMG ever sold off its Spotify stock.
  • How Swift has anything to do with this windfall is a bit complicated, and goes all the way back to the major record labels’ original licensing agreements with Spotify from the late 2000s, which got the companies stock in the then-fledgling streaming service.

L'essentiel

Billboard indique que Taylor Swift's UMG deal could get the company's artists a big payout from UMG's sale of Spotify shares announced on Wednesday (April 29). D'après Billboard, Universal Music Group chairman and CEO Lucian Grainge said on Tuesday (April 29) in an earnings call that the company’s board had approved the sale of half of UMG’s equity stake in Spotify, and that a portion of the proceeds will go to UMG artists. Comme le souligne The Hollywood Reporter, Years ago, as part of her negotiation process to sign with UMG, Swift demanded that the company pay out artists — regardless of debts they may have to the company — if UMG ever sold off its Spotify stock. Selon The Hollywood Reporter, how Swift has anything to do with this windfall is a bit complicated, and goes all the way back to the major record labels’ original licensing agreements with Spotify from the late 2000s, which got the companies stock in the then-fledgling streaming service.

Les chiffres

The Hollywood Reporter indique que Credit where it’s due, as Music Business Worldwide reported back in 2016, with no legal requirement to do so, Warner Music Group and Sony Music Group had both committed to doling out some of the profits to the artists if they sold their Spotify stock. D'après The Hollywood Reporter, Sony sold first, selling off a portion of its Spotify stock after the IPO in April in 2018. Comme le souligne The Hollywood Reporter, Meanwhile, Swift famously removed her music from Spotify in protest of low payouts compared to album sales, with her music returning in 2017. Selon The Hollywood Reporter, At the time of her signing with UMG in November of 2018, Swift said that non-recoupable term on the Spotify stock sales “meant more to me than any other deal point.”

Les chiffres
Les chiffres

Ce qu'ils disent

“They have generously agreed to this, at what they believe will be much better terms than paid out previously by other major labels,” Swift wrote in 2018, giving her thanks to UMG CEO Lucian Grainge. (The Hollywood Reporter) “I see this as a sign that we are headed towards positive change for creators,” Swift wrote of the stock terms back in 2018 after signing with UMG, “a goal I’m never going to stop trying to help achieve, in whatever ways I can.” (The Hollywood Reporter)

Le contexte

Selon The Hollywood Reporter, Universal Music Group Universal Music Group to Sell Half of Its Spotify Stake, Reports $3.3 Billion in Revenue. The Hollywood Reporter indique que Universal Music Group to Sell Half of Its Spotify Stake, Reports $3.3 Billion in Revenue. D'après Billboard, But none of that was accidental, as UMG artist Taylor Swift sings in “Mastermind.” In March 2018, UMG pledged to give artists a share in any future Spotify divestment, following similar commitments from Warner Music Group and Sony Music Group. Comme le souligne Billboard, the decision by UMG’s board to sell half of its Spotify stake follows UMG investor Pershing Square’s suggestion that the company make this divestment in a non-binding offer Pershing made for the company on April 7.

Recherches associées

Les recherches associées qui dominent la conversation : Après la musique, Spotify veut se lancer dans le sport • Spotify atteint 761 millions d'utilisateurs actifs au premier trimestre 2026, au-dessus de ses attentes • Spotify : cette nouveauté peut-elle concurrencer Apple Fitness ? • Pour ses 20 ans, Spotify dévoile un classement historique • Yoga, pilates, muscu : voici comment Spotify veut venir votre nouveau coach sportif • Spotify boit la tasse après des prévisions décevantes.

À retenir

  • How Swift has anything to do with this windfall is a bit complicated, and goes all the way back to the major record labels’ original licensing agreements with Spotify from the late 2000s, which got the companies stock in the then-fledgling streaming service.
  • The decision by UMG’s board to sell half of its Spotify stake follows UMG investor Pershing Square’s suggestion that the company make this divestment in a non-binding offer Pershing made for the company on April 7.
  • UMG confirmed it’d do the same nearly two years later, about a month before Spotify’s IPO.
  • Recherches qui explosent : Après la musique, Spotify veut se lancer dans le sport, Spotify atteint 761 millions d'utilisateurs actifs au premier trimestre 2026, au-dessus de ses attentes, Spotify : cette nouveauté peut-elle concurrencer Apple Fitness ?, Pour ses 20 ans, Spotify dévoile un classement historique.

Editor's picks

Reader-supported. We may earn a commission on qualifying purchases.

Sources
Galerie
Spotify : ce qu'il faut savoir — image 1Spotify : ce qu'il faut savoir — image 2Spotify : ce qu'il faut savoir — image 3Spotify : ce qu'il faut savoir — image 4Spotify : ce qu'il faut savoir — image 5Spotify : ce qu'il faut savoir — image 6
À lire aussi