The case accused Spotify of using audiobooks as a pretext to illegally cut music royalties, but a federal judge now says the streamer did nothing wrong.
That amount is 10 times larger than what Spotify paid out to rights holders a decade ago.
Konstan's final day at the streamer will be Friday (Jan. 31).
Mars is currently the number one artist on Spotify.
The new multiyear partnership will expand monetization opportunities for recorded music and publishing, and align with UMG's new "Streaming 2.0" strategy outlined this year.
The Billboard Global Music Index rose 3.5% to a record 2,303.31 as 12 of its 20 stocks finished the week in positive territory.
PartyNextDoor's 2013 cult classic "Break From Toronto" becomes the Canadian R&B singer-songwriter's first song to hit one billion Spotify streams.
“Streaming culture has changed an entire society and an entire generation of artists”
The music streamer held the brunch to celebrate "the power of podcasts in this election" The post
The company will redirect funds from the canceled events to support L.A. wildfire relief efforts and use its platform to help drive awareness of causes supporting those efforts.
