The world's biggest music label saw its market value leap to $55 billion in Europe's largest listing of the year.
The 10-time Grammy winner Taylor Swift begins re-recording her early songs as 100 percent of her music, videos and album art have been sold to a private equity company, denying her the chance to buy back the tapes herself.
Taylor Swift's former label Big Machine said on Monday that it will allow Swift to perform some of her early hits at an awards show this month.
The deal with Sony would be the second major label deal for Spotify, which is looking at a possible flotation this year.
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