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Universal is selling 50% of its Spotify stake, generating around $1.4 billion

UMG 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 $1.17bn)

Source

PROČITAJ VIŠE... https://www.musicbusinessworldwide.com/universal-is-selling-50-of-its-spotify-stake-generating-around-1-4-billion/

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