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Spotify reaches deal to improve royalty payments to US publishers

It will put forward to publishers existing pool of money and add compensation fund to it

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Published Fri, Mar 18, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    New York

    SPOTIFY, the leader in the booming streaming industry, on Thursday reached a settlement to improve royalty payments to US music publishers as the company hopes to avoid potentially costly lawsuits.

    The National Music Publish-ers' Association, which advocates on behalf of the US houses that hold songwriters' copyright, announced the deal which relates to songs whose authors have been difficult to identify.

    Spotify

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