Drake is slamming his own music distributor, Universal Music Group, over his springtime beef with rap rival Kendrick Lamar. The Canadian rapper filed a federal lawsuit in the Southern District of ...

Shares in Universal Music Group UMG-0.30%decrease; red down pointing triangle rose after the music label said it signed a multiyear agreement for recorded music and music publishing with Spotify.

Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new multi-year agreement for recorded music and music publishing, they said on Sunday.