Spotify Settles Class Action Lawsuit with $43.4 Million Compensation Fund

In a major victory for indie musicians, the combined class action lawsuits against Spotify brought by Cracker frontman and artist advocate David Lowery and singer/songwriter Melissa Ferrick have been settled with the music streamer establishing a $43.4 million fund to compensate songwriters and publishers whose work had been used by the service without proper licensing.

Source: Spotify Settles David Lowery, Melissa Ferrick Class Action Lawsuit with $43.4 Million Compensation Fund – hypebot

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