The move comes weeks after Bill Ackman and Pershing Square had submitted an offer to acquire UMG, including in that proposal a plan to sell the company's Spotify stake.

Spotify (NYSE:SPOT | SPOT Price Prediction) faces sharply divided Wall Street sentiment after its Q1 2026 earnings, with four firms cutting price targets while Rosenblatt issued a contrarian upgrade.

Are you having trouble trying to use Spotify today? You can take some solace in knowing that you’re not the only one. The music streaming service appears to be down for thousand

Universal Music Group is selling half its equity in Spotify and doubling its share buyback program for growth.

Plans to divest half of its Spotify shareholding and expand its buyback authorization to €1 billion headlined UMG's first-quarter announcement, with reported revenue flat at €

Universal Music Group will sell half of its equity stake in Spotify and use the proceeds to help fund an expanded share buyback program totaling EUR €1 billion (USD $1.17

The generational run continues. If you think its been hard to keep up with all the headlines surrounding Ella Langley and her generational run over the past six months, I wouldn't even blame you at this point.

Spotify beat Q1 targets, but Wall Street focused on a weaker profit outlook and the rising cost of keeping listeners engaged.