Universal Music Group's shares surged at the start of trading on Tuesday, as the company behind singers such as Lady Gaga and Taylor Swift made its stock market debut
Singer Taylor Swift's album of the year win for 'Folklore' at the 63rd Annual Grammy Awards has made her the first female artiste to win the top honour three times in her career
While sports leagues and restaurants try to figure out when they can reopen to the public, there's growing recognition among music industry executives that concerts won't be coming back anytime soon.
Swift also bagged trophies in Favorite Album - Pop/Rock, Favorite Music Video, Favorite Female Artist - Pop/Rock, Favorite Artist - Adult Contemporary and Artist of the Year categories