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Spotify agrees to pay USD 112 mln in songwriter royalties

Friday 25 May 2018 | 13:35 CET | News
Spotify has agreed to pay out USD 112.55 million in a settlement agreement after musicians David Lowery (of Camper Van Beethoven) and Melissa Ferrick successfully brought separate lawsuits alleging they hadn't been paid enough in royalties for streaming their songs. The suits were later combined into a class action claiming Spotify had failed to obtain proper licences for the compositions, with Ferrick accusing the streaming giant of "wholesale copyright infringement". Spotify will immediately pay USD 43.5 million in cash, with the rest going to future payment of artist royalties.

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Categories: Internet
Companies: Spotify
Countries: United States / World
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