A U.S. appeals court ruled on Tuesday that record companies and
music publishers that once formed part of EMI Group could pursue additional copyright
infringement claims in a long - running lawsuit
over defunct online
music storage firm MP3tunes.
The
music streaming service is reportedly looking to go public on the New York Stock Exchange, with most indicators pointing to a Q1 2018 IPO but not accounting for a copyright infringement lawsuit which emerged Tuesday as Wixen Music Publishing demanded $ 1.6 billion from Spotify over its supposedly unlicensed use of thousands of songs, including creations authored by established musicians such as Neil Young, Tom Petty, and the D
music streaming service is reportedly looking to go public on the New York Stock Exchange, with most indicators pointing to a Q1 2018 IPO but not accounting for a copyright
infringement lawsuit which emerged Tuesday as Wixen
Music Publishing demanded $ 1.6 billion from Spotify over its supposedly unlicensed use of thousands of songs, including creations authored by established musicians such as Neil Young, Tom Petty, and the D
Music Publishing demanded $ 1.6 billion from Spotify
over its supposedly unlicensed use of thousands of songs, including creations authored by established musicians such as Neil Young, Tom Petty, and the Doors.
Some analysts have thrown some concern on the IPO following news yesterday which said that Spotify had been sued for $ 1.6 billion by Wixen
Music Publishing
over copyright
infringement; sources told CNBC, however, that it's still «business as usual» at Spotify, despite the news.