Sony Music, Universal Music Group, and Warner Music Group have cancelled their Grammy-related events due to the Los Angeles

The new publishing agreement establishes a direct license between Spotify and Universal Music Publishing Group.

Spotify (SPOT) and Universal Music Group (UMGNF) entered a new multi-year agreement aimed at enhancing the music streaming experience for both artists and consumers.

We added to our position in Universal Music Group after the shares swooned by as much as 23% at one point recently. Click here for our UMGNF thesis.

Analysts fell to the sidelines weighing in on Universal Music Group (UMGNF – Research Report) and AT&T (T – Research Report) with neutral

The Recording Academy has also pledged $1million to Los Angeles wildfire relief efforts, while Universal Music Group and Warner Music have confirmed plans to cancel all Grammy-related parties

Universal Music Group (UMG), the world leader in music-based entertainment and Spotify, the world's most popular audio streaming subscription service, today announced new, multi-year agreements for Recorded Music and Music Publishing focused on growth,