Universal prevails in lawsuit alleging it owed artists $750m in Spotify royalties

Universal Music Group (UMG) has won a court case against a proposed class action lawsuit that argued the recording company underpaid its signed artists some $750 million in royalties. Andrus Titus and William McLean, members of the 1990s rap duo Black Sheep, filed the lawsuit this past January, alleging that UMG breached its contract with them, and with other artists, when it allegedly accepted lower royalty payments from Spotify in exchange for a tranche of Spotify stock in 2008.

Source: Universal prevails in lawsuit alleging it owed artists $750m in Spotify royalties

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