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 inauguration.
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 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 rates by adding audiobooks.
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 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
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 get to benefit as well?
The EastAfrican4h
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 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
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 exclusive club that made it difficult for new artists to enter the industry. “Now, you can record something today and have it on Spotify tomorrow,” said Kaefer. “Everyone’s invited.”
Music Ally1d
Spotify wins ruling to dismiss bundles lawsuit from the MLC
Explore the legal battle between Spotify and the Mechanical Licensing Collective over the reclassification of Spotify's Premium tier.
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 it has given nearly $60