Universal Music Group stock rose on its Spotify deal and the Amazon Music price hike announced this week. Shares gained 11.2% to 26.94 euros ($27.91).

Spotify led the music business to growth, so why are artists and songwriters angry? It's a paradox that's proving difficult to solve.

Spotify defeated a lawsuit from the Mechanical Licensing Collective accusing it of unfairly cutting royalty rates via its ...