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Spotify settles $1.6 billion copyright infringement lawsuit
Last year, Wixen Music Publishing filed a lawsuit against Spotify alleging that the music streaming service was using tens of thousands of songs without the proper licensing. But the $1.6 billion lawsuit has now come to a close as both companies have reached a settlement, Music Business Worldwide reports. "I want to thank Daniel Ek and Horacio Gutierrez, and the whole Spotify team, for working with the Wixen team, our attorneys and our clients to understand our issues, and for collaborating with us on a win-win resolution," Wixen President Randall Wixen said in a statement.
Spotify faces $1.6 billion lawsuit over song licensing
Spotify is no stranger to facing lawsuits accusing it of offering unlicensed songs, but the latest could prove to be very costly. Hollywood Reporter has learned that Wixen Music Publishing, which manages the song composition rights for artists ranging from Neil Young to Zach de la Rocha, has sued Spotify for copyright damages of at least $1.6 billion. Wixen claims that the streaming service is using tens of thousands of songs without proper licenses and the compensation to match. The plaintiff had already objected to proposed $43 million settlement in another case in May, so this wasn't coming entirely out of the blue.
