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# Spotify [NYSE: SPOT] Up 8% After UMG Deal Announcement
- URL: https://www.hypebot.com/spotify-nyse-spot-up-8-after-umg-deal-announcement/
- Published: 2020-07-22T13:45:56.000Z
- Updated: 2020-07-22T13:45:57.000Z
- Description: Spotify stock was up as much as 8.05% in early morning trading Monday after the music streamer announced a new multi-year global licensing deal with Universal Music Group. MORE: Spotify,. Continue reading [https://www.hypebot.com/hypebot/2020/07/spotify-nyse-spot-up-8-after-umg-deal-announcement.htm
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Streaming, #wp, #wp-post, #Import 2026-01-21 09:51

Spotify stock was up as much as 8.05% in early morning trading Monday after the music streamer announced a new multi-year global licensing deal with Universal Music Group.

#### MORE: [Spotify, UMG Sign New Global Licensing Deal](https://www.hypebot.com/spotify-umg-sign-new-global-licensing-deal/)