You and Spotify agree that the agreements are considered to be the definitive and complete expression of the agreement between Spotify and you and/or your subscribed entity regarding the purpose of the agreements. The agreements prescribe all pre-insurance, guarantees, agreements and agreements between Spotify and you and/or your subscribed entity, in writing or orally, regarding the purpose of the agreements. However, agreements between you and Spotify will not replace commitments you have made or that you will make under third-party software licenses or terms of use and privacy policy for third-party applications. You and Spotify acknowledge and consent that neither party has given any assurance, guarantee, agreement or agreement regarding the agreements or purpose of this agreement that are not included in the agreements. In the event of a conflict between opt-In Spotify`s terms and conditions of use for artists and any other agreement between you and Spotify and your subscriber entity (or any of your affiliates), opt-In Spotify for Artists` respective agreements and terms of use apply and control the purpose of the agreements. Sony Music will probably receive big payments from Spotify every year, but what it does when it receives that money – and how many of those payments they actually make up to the artists – is still unknown. Some artists have clauses in their contracts to get a larger share of streaming revenue, and some artists still work under CD contracts that generate only 15-20% of their streaming revenues. Universal Music Group (UMG) is the global leader in music entertainment, with a wide range of companies active in more than 60 countries in the fields of music, music publishing, merchandising and audiovisual content. With the most comprehensive catalogue of recordings and songs in all musical genres, UMG identifies and develops artists and produces and distributes the world`s best known and commercially successful music. The UMG engages in art, innovation and entrepreneurship and encourages the development of services, platforms and business models to expand artistic and commercial opportunities for our artists and create new experiences for fans.

Universal Music Group is a vivendi company. But whatever the amount, it`s money that`s not included in Spotify`s total gross revenue, which is divided 70/30, with 70 percent going to labels and publishers and 30 percent to Spotify.