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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Authors Guild Says Alleged 'Predatory' Press Has Settled Suit Over Rights, Unpaid Royatlies

Filed on January 6, the complaint claimed that Authors’ Place Press and its owner, Tony Ferraro, had failed to fulfill their contractual obligations and to pay or properly account for royalties. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-05 05:00:00 UTC ]
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Tinuiti’s Q4 digital ads report shows soft pricing but promise for performance channels

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[ Digiday | 2023-02-02 05:01:00 UTC ]
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[ Fast Company | 2023-01-28 03:00:00 UTC ]
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Twitter is reportedly struggling to break even as advertisers continue to flee

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[ Engadget | 2023-01-18 18:54:25 UTC ]
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December Religion Bestsellers: ‘Faith Still Moves Mountains’ #1 in Nonfiction; Rivers Reigns in Fiction

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[ Publishers Weekly | 2023-01-11 05:00:00 UTC ]
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Prince Harry’s memoir hits No 1 on Amazon, predicted to be one of year’s bestsellers

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