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The Hollywood Reporter Music
The Hollywood Reporter Music Apr 29, 2026
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Universal Music Artists Can Reap Millions From Spotify Stock Sale, Thanks to Taylor Swift

Universal Music Artists Can Reap Millions From Spotify Stock Sale, Thanks to Taylor Swift

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.

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