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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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

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Kevin Rudd and Malcolm Turnbull challenge News Corp over reports of ‘foreign interference’ in petition

Parliamentary committee investigating after former prime ministers criticise Murdoch media story on ‘fake’ names in petitionFormer prime ministers Kevin Rudd and Malcolm Turnbull have challenged News Corp to co-operate with any investigation stemming from reports of “foreign interference” in a... Continue reading at The Guardian

[ The Guardian | 2020-11-18 08:02:35 UTC ]
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Sharjah Concludes Physical Book Fair Reporting 382,000 Attendees

Sharjah International Book Fair has fulfilled its planned 11-day physical exhibition-floor run and three-day publishers conference. The post Sharjah Concludes Physical Book Fair Reporting 382,000 Attendees appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-11-17 15:54:45 UTC ]
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New York Times reports News Corp bid for S&S

Rupert Murdoch's media giant News Corp has made a bid for Simon & Schuster, according to a report in the New York Times. Continue reading at The Bookseller

[ The Bookseller | 2020-11-17 08:28:03 UTC ]
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BookTrust and CLPE report small improvements for representation in children's books

Representation in children’s books is still not reflective of society, according to reading charity BookTrust and the Centre for Literacy in Primary Education (CLPE). Continue reading at The Bookseller

[ The Bookseller | 2020-11-10 16:08:26 UTC ]
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The UAE’s Physical Sharjah International Book Fair Hosts 1,024 Exhibitors

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Yinka, where is your editor? Part 1

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[ The Bookseller | 2020-11-05 21:40:55 UTC ]
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HCG to publish monster fact files with Banville and Winter

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[ The Bookseller | 2020-11-01 21:30:53 UTC ]
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Maria Hinojosa discusses how her childhood trauma shaped her immigration reporting

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Panel Mania: Dune: The Graphic Novel, Book 1: Dune by Frank Herbert

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[ Publishers Weekly | 2020-10-21 04:00:00 UTC ]
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Frankfurt Report: Italian Book Market Narrows Its Losses

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[ Publishing Perspectives | 2020-10-15 15:25:47 UTC ]
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Google applies its AI tech to reporting with 'Journalist Studio' tools

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[ Engadget | 2020-10-14 11:00:47 UTC ]
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