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UMG artists will receive a share of the proceeds from UMG's Spotify stock sale, regardless of debts; WMG paid out $126M to artists from its 2018 stock sale (Ethan Millman/The Hollywood Reporter)

Mediagazer · last updated

Ethan Millman / The Hollywood Reporter:
UMG artists will receive a share of the proceeds from UMG’s Spotify stock sale, regardless of debts; WMG paid out $126M to artists from its 2018 stock sale  —  Years ago, as part of her negotiation process to sign with UMG, Swift demanded that the company pay out artists …

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