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April 4 (Reuters) - Music streaming service Spotify said on Tuesday it had signed a global, multi-year license agreement with Universal Music Group (UMG).
Spotify said in a statement the agreement would offer more flexibility for new releases.
The company, which has not yet shown a profit as it spends to grow internationally, is considering a potential U.S. stock market listing, according to a February TechCrunch report. (Reporting by Stockholm Newsroom)