Details of the streaming service's "bespoke" agreement with Google emerged during recent testimony in the search giant's legal battle with Epic Games.
“Our focus is and will remain ensuring a fair, diverse and sustainable music ecosystem for all,” reads the trade body’s message.
In this week's Legal Beat, Sean Combs settles a shocking rape case, Shakira resolves tax fraud charges, UMG wins a case over its Spotify stake & more.
UMG says it's “patently false" that it took below-market rates in return for a stake in Spotify, but a judge says it wouldn't legally matter if they had.
The streamer's global head of music, Jeremy Erlich, breaks down the company's merch plans in 2024 and beyond.
The change is part of the platform's effort to free up "extra money ... for honest, hard working artists."
Spotify reps say its three-pronged policy "can drive approximately an additional $1 billion in revenue toward emerging and professional artists."
Here’s a full breakdown of the plan, based on Billboard’s reporting, including streaming thresholds, fraud fees and minimum track lengths.
"Without clarity on the changes to music copyright laws," a spokesperson said, "Spotify will unfortunately begin to phase out its service."
