Money stream

spotify logoSpotify has been sued for copyright infringement for the second time in two weeks. Artist Melissa Ferrick claims Spotify failed to notify her and obtain a license when it copied her compositions and made them available on its streaming music service. Ferrick is claiming $200 million dollars.
Ferrick’s lawsuit follows the class action lawsuit filed just last month by musician David Lowery. Lowery is seeking $150 million in damages from Spotify for copyright infringement. Lowery is the frontman of the bands Cracker and Camper Van Beethoven. According to Lowery Spotify illegally duplicated and distributed his bands’ songs without his permission.
Spotify denies purposefully copying artists’ songs for distribution without their permission. A Spotify spokesperson already stated that the company is “committed to paying songwriters and publishers every penny”. Spotify, which is valued at around $8 billion, says it’s paid out more than $3 billion in royalties to artists, songwriters, labels, and publishers since it launched in 2008.
The music streaming company admits that it sometimes plays songs without knowing who to pay for them. According to Spotify this is due to a lack of accurate data. “Unfortunately, especially in the United States, the data necessary to confirm the appropriate rights-holders is often missing, wrong, or incomplete. When rights-holders are not immediately clear, we set aside the royalties we owe until we are able to confirm their identities.”
Source: The Verge

Erwin Hauër

“Hope is not a strategy.”

LEARN MORE ABOUT ERWIN

DOES YOUR TRADEMARK NEED ATTENTION?

Would you like more information about protecting your trademark?

+31 294 490 900
CONTACT US