Universal Music: new Spotify Agreement Offers 46% Return Potential for Investors

Thanks to a strong focus on streaming and social media licensing, the digital music industry is currently experiencing massive growth. The shift from physical music sales to streaming services like Spotify and Apple Music is causing an increasing number of users to pay monthly subscription fees or listen to ad-supported music. Additionally, licensing fees are on the rise, as each time a song is incorporated into a video on TikTok and other platforms, a fee for the use of the music is incurred. For Universal Music, one of the largest music companies...