Spotify: grits for 1.6 billion dollar legal

A really bad year for the Colossus Spotify: the company has been sued for allegedly disclosed thousands of songs by artists like Tom Petty, Neil Young and The Doors without the necessary permits and licenses.

Wixen Music Publishing has sued Spotify last week by the California Federal Court, alleging that the streaming of his songs is avvendendo without any license.

Forthe damage, were asked nicely 1.6 billion dollars.

“Before launch, Spotify has reached agreements with major record companies to obtain the necessary rights to the copyright of audio recording of songs of major labels, in many cases, as part of an equity investment in Spotify” revealed Wixen. “However, Spotify failed to properly get the equivalent rights for the compositions. As a result, Spotify has built a businessa billion dollars on the shoulders of songwriters and publishers whose music was used without paying for the necessary licences “.

Spotify declined to comment. What do you think?

Source: CNET

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