In the wake of new Spotify deal, Universal Music Group adds $3.4 billion to its market cap; Warner Music Group shares up 4.7%

In the wake of new Spotify deal, Universal Music Group adds $3.4 billion to its market cap; Warner Music Group shares up 4.7%

In the wake of new Spotify deal, Universal Music Group adds $3.4 billion to its market cap; Warner Music Group shares up 4.7% as investors await similar agreement with streamer

Universal and Warner jointly pile on around $4 billion in market cap value following landmark announcement