Spotify defeats US licensing group's lawsuit over royalties
Spotify convinced a New York federal judge on Wednesday to dismiss a lawsuit that accused the streaming service of underpaying songwriting royalties for tens of millions of songs.
Spotify Wins Dismissal of Suit Over Reduced Royalty Payments
Spotify Technology SA won dismissal of a lawsuit alleging it made a change to its premium service that cheated songwriters out of royalties.
Spotify Wins Lawsuit Over Bundling Royalties
Spotify defeated a lawsuit from the Mechanical Licensing Collective accusing it of unfairly cutting royalty rates via its audiobooks-music 'bundle.'
Spotify pays $10bn in royalties
Music streaming major Spotify says it paid a record $10 billion in royalties to the music industry in 2024. Nigeria is the only African country showing tremendous growth in the streaming market at this time. This payout brings Spotify’s total payout to nearly $60 billion since its inception in 2008.
Spotify wins order dismissing MLC suit over payment of royalties
Technology was granted its motion to dismiss a complaint filed by the Mechanical Licensing Collective, which collects payments
Spotify Scores Major Legal Win in MLC Bundling Lawsuit: ‘The Only Plausible Application of the Law Supports Spotify’s Position’
Looks like Spotify’s aggressive bundling strategy is here to stay: The streaming platform has resoundingly triumphed in a related lawsuit from the Mechanical Licensing Collective (MLC). The presiding judge tossed that roughly eight-month-old legal action with prejudice today,
Spotify Wins Lawsuit Over Bundling Controversy That Lowered Payments to Songwriters
A judge dismissed the lawsuit on Wednesday, months after Spotify was sued for lowering royalties to songwriters after it introduced an audiobook bundle to its premium tier
Spotify Faces Boycott Calls Over Royalties, Trump Inauguration Donation
The calls on social media came after concerns were raised over artist royalties and the platform donated to the Trump ...
Spotify price target raised to $600 from $555 at KeyBanc
KeyBanc raised the firm’s price target on Spotify (SPOT) to $600 from $555 and keeps an Overweight rating on the shares. The firm expects ...
Spotify Beats MLC Audiobook Lawsuit After Judge Calls Federal Royalty Rules ‘Unambiguous’
Spotify won a ruling dismissing the Mechanical Licensing Collective's lawsuit alleging the streamer illegally cut royalty ...
Spotify says that streaming has made the world ‘value music’
In the blog, humbly titled “Getting the world to value music,” Kaefer describes the pre-streaming era of music as an ...
Spotify price target raised to $650 from $560 at Canaccord
Canaccord raised the firm’s price target on Spotify (SPOT) to $650 from $560 and keeps a Buy rating on the shares. The firm previewed its Q4 ...
The Spotify/UMG Deal Signals Hope for Publishers — What Comes Next?
Spotify's new direct deal with the Universal Music Group is good news for publishers and songwriters. Will other companies ...
Spotify says it paid $10 billion to music industry last year
Audio streaming company Spotify said Tuesday that it paid $10 billion to the music industry last year. The company added that ...
Spotify and Universal Unveil Far-Reaching Deal That Improves ‘Bundling’ Payment Structure
Spotify and Universal announced a new deal that sources say improves the payment structure for the streamer's controversial ...
Is Spotify Technology an Undervalued Growth Stock?
Spotify Technology ( SPOT 2.10%) is adding millions of new subscribers to its audio streaming services. *Stock prices used were the afternoon prices of Jan. 28, 2025. The video was published on Jan.