Universal Music to sell half its Spotify stake for buybacks, Q1 hit by weak dollar

Universal Music to sell half its Spotify stake for buybacks, Q1 hit by weak dollar

Summary

Universal Music Group said on Wednesday it would sell half of its equity stake in Spotify SPOT.N and double its share buyback program, as it reported first-quar...

Description

Universal Music Group said on Wednesday it would sell half of its equity stake in Spotify SPOT.N and double its share buyback program, as it reported first-quar...

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