Sony, Orchard Share $750M Spotify Windfall With Indie Artists, Labels 

Sony Music and The Orchard have confirmed that they will share the proceeds from the sale of  shares in Spotify with their eligible distributed labels after acquisition costs, bankers and legal fees. Checks are expected to be sent as early as August.

Source: Sony, Orchard Share $750M Spotify Windfall With Indie Artists, Labels Regardless Of Recoupment

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