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.”

Read more…

Share