Spotify to pay $43 million to settle song writer class action

Posted on: June 7th, 2017 by Steve Larson

Spotify has agreed to pay $43 million to settle a class action lawsuit alleging that the streaming service failed to pay proper royalties to thousands of songwriters. Under the terms of the agreement, which must be approved by a judge, the streaming service will set up a $43.4 million fund to pay song owners for past uses, as well as procedures to pay class members ongoing royalties that could “easily total tens of millions of dollars.”

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