Press Clipping
05/16/2024
Article
Spotify Accused in Suit of Cheating Songwriters Out of Royalties
Spotify Technology SA used a legalistic word change to justify slicing royalties to musicians and publishers, reducing the revenue on which royalties are based by almost 50%, according to lawsuit filed by the group that collects their payments.
The change came in March when Spotify added the word “bundled” to its description of its $10.99-a-month music streaming service, the Mechanical Licensing Collective said in its complaint.