Spotify sued for $1.6bn in unpaid royalties as it reportedly files for IPO

The music streaming service faces a claim on behalf of artists including Neil Young and Janis Joplin as it prepares a share saleMusic streaming service Spotify has been sued by a music publishing company for $1.6bn (£1.18bn), for hosting songs it allegedly doesn’t have the full rights to. The news comes at an awkward moment for the tech company, which is reportedly preparing for a stock market sale.Wixen, a Californian company that collects royalties on behalf of artists including Tom Petty, Neil Young, Janis Joplin and the Doors, alleges that Spotify “took a shortcut” when it cut deals with major labels to host their back catalogues. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2018-01-03 00:00:00 UTC ]
News tagged with: #tech company #reportedly preparing #neil young #cut deals

Other Publishing stories related to: 'Spotify sued for $1.6bn in unpaid royalties as it reportedly files for IPO'


Spotify sued for $1.6bn in unpaid royalties as it reportedly files for IPO

The music streaming service faces a claim on behalf of artists including Neil Young and Janis Joplin as it prepares a share saleMusic streaming service Spotify has been sued by a music publishing company for $1.6bn (£1.18bn), for hosting songs it allegedly doesn’t have the full rights to. The... Continue reading at The Guardian

[ The Guardian | 2018-01-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tech company #reportedly preparing #neil young #cut deals


Spotify claims to have paid audiobook publishers ‘tens of millions’ in royalties

The streaming company says its payout model is competitive, but the Society of Authors has raised doubts about whether authors ultimately benefit Spotify has said that it has paid audiobook publishers “tens of millions” since allowing users 15 hours of audiobook listening in its Premium... Continue reading at The Guardian

[ The Guardian | 2024-02-01 16:08:34 UTC ]
More news stories like this | News stories tagged with: #audiobook listening #trade magazine #audiobook


Year End: Cambridge University Press Reports Record £1 Billion in Revenue

England's merged Cambridge University Press & and Assessment reports record revenues and numbers of users in 2022-2023. The post Year End: Cambridge University Press Reports Record £1 Billion in Revenue appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-12-12 20:15:01 UTC ]
More news stories like this | News stories tagged with: #revenue appeared #year end #cambridge university press


Authors Sue Alleged ‘Predatory’ Publisher Over Unpaid Royalties

Coordinated by the Authors Guild, the suit claims that Authors’ Place Press and its predecessor Motivational Press have failed to fulfill their contractual obligations and have refused to pay or properly account for royalties earned. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-10 05:00:00 UTC ]
More news stories like this | News stories tagged with: #authors guild #unpaid royalties #suit claims #place press #contractual obligations #properly account


The company behind TikTok is reportedly launching a Spotify rival

ByteDance, the owner of the Vine-like social media app TikTok, might challenge Spotify with a paid streaming service in emerging markets, according to Bloomberg. It could introduce an app (not named after TikTok), in several non-first-world countries... Continue reading at Engadget

[ Engadget | 2019-05-21 11:15:00 UTC ]
More news stories like this | News stories tagged with: #reportedly launching #emerging markets


Spotify to pay out $112m in royalties to songwriters after settlement

The streaming company will recompense songwriters not paid enough royalties, but one unhappy music publisher claims ruling is ‘a free pass on wilful infringement’Spotify will pay out $112m (£83.5m) in a settlement agreement, following two lawsuits that claimed songwriters hadn’t been paid enough... Continue reading at The Guardian

[ The Guardian | 2018-05-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #settlement agreement #free pass #class action


Spotify agrees to pay millions for unmatched royalties

Spotify has come an agreement with NMPA (National Music Publishers Association) over unpaid royalties for music on the streaming service that didn't have copyright owner information. According to The Verge, the company will pay $21 million. Continue reading at Engadget

[ Engadget | 2016-03-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #streaming service


Winter Institute 11: Report Finds $1 Billion Tax Gap Caused by Amazon

The American Booksellers Association and Civic Economics released a report on the devastating impact of online retailing on American communities in terms of lost state and local tax revenues. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #devastating impact #online retailing #american communities


Apple reportedly wants free Spotify dead to pave way for Beats relaunch

As Apple works toward a relaunch of its Beats Music streaming service, it’s reportedly pushing labels to kill off the free version of Spotify.It’s a bold move by Apple if The Verge’s unnamed sources are accurate, coming less than two years after a judge found that the company colluded with... Continue reading at PC World

[ PC World | 2015-05-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #free version #bold move #unnamed sources #judge found #ebook publishers #raise prices


Textbook rental company Chegg files for IPO

Textbook rental company Chegg has filed to go public in the US, hoping to raise $150m (£97m... Continue reading at The Bookseller

[ The Bookseller | 2013-08-15 00:00:00 UTC ]
More news stories like this |


Sony, Columbia sued over unpaid internships

A woman who spent a summer working as an unpaid intern has filed a class-action lawsuit in New York against Sony Corp. of America, Sony Music Holdings and Columbia Recording Corp. over wages she says she should have been paid.The lawsuit was filed in state Supreme Court in Manhattan on Tuesday.... Continue reading at Crains New York

[ Crains New York | 2013-08-09 00:00:00 UTC ]
More news stories like this |


B&N Reports Falling Sales in Fiscal 2017 Report

The country's largest book chain said sales dropped 6.5% in the fiscal year, ended April 29. Barnes & Noble reported lower losses in its Nook division, however, which led to a jump in operating income. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fiscal year #nook division #operating income


Spotify’s Basic plan returns to $11 a month by cutting audiobooks

Spotify has a new plan for US subscribers that keeps you on the old $11 monthly pricing — as long as you don’t mind ditching audiobooks. The new Basic tier includes the music and podcast content you get from Premium but without 15 hours of audiobook access, a recently added feature we suspect... Continue reading at Engadget

[ Engadget | 2024-06-21 18:36:40 UTC ]
More news stories like this | News stories tagged with: #audiobook #royalty model #$150 million #deceiving consumers


Publishers’ newest workforce diversity reports reveal mixed results in efforts to diversify newsrooms

The latest versions of annual reports on workforce demographics from Gannett, NPR and The New York Times (as well as Condé Nast, Hearst and Vox) show mixed results in companies’ efforts to diversify their newsrooms. Continue reading at Digiday

[ Digiday | 2024-06-10 04:01:00 UTC ]
More news stories like this | News stories tagged with: #workforce demographics #hearst


Clive Myrie: ‘The closest I’ve come to death? Coming under attack while reporting in Iraq’

The journalist on throwing up at school, his admiration for aid workers, and not being there for President BushBorn in Lancashire, Clive Myrie, 59 studied law before gaining a place on the BBC’s journalism trainee scheme. He became a foreign correspondent, winning a Peabody award in 2017 for his... Continue reading at The Guardian

[ The Guardian | 2024-06-08 08:30:40 UTC ]
More news stories like this | News stories tagged with: #bbc news #foreign correspondent #memoir


Survey Finds Spotify Audiobooks Popular, but Compensation Questions Remain

As part of its efforts to force Spotify to be more transparent about how it pays authors, the Coalition of Concerned Creators commissioned a survey to discover how audiobook listeners felt about the service. It found mixed results. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #audiobook