[QUOTE](Reuters) - Music streaming company Spotify was sued by Wixen Music Publishing Inc last week for allegedly using thousands of songs, including those of Tom Petty, Neil Young and the Doors, without a license and compensation to the music publisher.
Wixen, an exclusive licensee of songs such as “Free Fallin” by Tom Petty, “Light My Fire” by the Doors, (Girl We Got a) Good Thing by Weezer and works of singers such as Stevie Nicks, is seeking damages worth at least $1.6 billion along with injunctive relief.
Spotify failed to get a direct or a compulsory license from Wixen that would allow it to reproduce and distribute the songs, Wixen said in the lawsuit, filed in a California federal court.
Wixen also alleged that Spotify outsourced its work to a third party, licensing and royalty services provider the Harry Fox Agency, which was “ill-equipped to obtain all the necessary mechanical licenses”.
Spotify declined to comment.
In May, the Stockholm, Sweden-based company agreed to pay more than $43 million to settle a proposed class action alleging it failed to pay royalties for some of the songs it makes available to users.
Spotify, which is planning a stock market listing this year, has grown around 20 percent in value to at least $19 billion in the past few months.[/QUOTE]
[URL]https://www.reuters.com/article/us-spotify-lawsuit/spotify-hit-with-1-6-billion-copyright-lawsuit-idUSKBN1ER1RX?il=0[/URL]
$1 billion profit - $300 million lawsuit/settlement - $50 million in fines = $650 million profit.
Totally worth it.
good, spotify is garbage
[QUOTE=SIRIUS;53023712]good, spotify is garbage[/QUOTE]
It's actually a really convenient way to listen to music. I haven't had to download a song in a good while, because it's all right there.
[QUOTE=SIRIUS;53023712]spotify is garbage[/QUOTE]
lol no.
i listened to over [I]715[/I] artists this year. why? because of spotify. ive been exposed to way more music than i ever would have without it. not to mention my student membership gives me access to hulu too. so its a great deal.
[QUOTE=MightyLOLZOR;53023733]It's actually a really convenient way to listen to music. I haven't had to download a song in a good while, because it's all right there.[/QUOTE]
I mean as a company guys ffs
Spotify is a mixed bag for me - as an artist and consumer.
On the one hand, I get to hear an [i]atrocious[/i] amount of new music every month and listen to amazing podcasts for downright dirt-cheap.
On the other hand, Spotify is pretty shitty when it comes to royalties and payments for its artists. A track would need to be listened to a couple hundred-thousand times in order to surmount to any practical money. This lawsuit is just a snippet of what's been happening for years.
The worst part about the system is that the artists that I love to listen to aren't getting the capital they need in order to keep providing what I like to listen to. No amount of merchandising or touring is going to replace what really belongs to them.
snip
[QUOTE=ultra_bright;53023679]$1 billion profit - $300 million lawsuit/settlement - $50 million in fines = $650 million profit.
Totally worth it.[/QUOTE]
Spotify has [url=http://www.bbc.com/news/business-38930699]never made a profit[/url]
[QUOTE=SIRIUS;53023778]I mean as a company guys ffs[/QUOTE]
Be more specific next time
[QUOTE=garychencool;53023811]Be more specific next time[/QUOTE]
Given that the article is very specifically about Spotify the company and not the app, Sirius really shouldn't have had to specify. It should have been pretty obvious.
I've learned of like 1000 new, good, not-famous bands just because of Spotify. Even gone on their gigs because of it. I'm gladly paying the 10€ a month for unlimited music that's available the nanosecond I want.
I don't want them to go full-scumbag and die off. :frown:
A billion is probably not a whole lot for spotify though
[QUOTE=pod;53023779]Spotify is a mixed bag for me - as an artist and consumer.
On the one hand, I get to hear an [i]atrocious[/i] amount of new music every month and listen to amazing podcasts for downright dirt-cheap.
On the other hand, Spotify is pretty shitty when it comes to royalties and payments for its artists. A track would need to be listened to a couple hundred-thousand times in order to surmount to any practical money. This lawsuit is just a snippet of what's been happening for years.
The worst part about the system is that the artists that I love to listen to aren't getting the capital they need in order to keep providing what I like to listen to. No amount of merchandising or touring is going to replace what really belongs to them.[/QUOTE]
THis is sort of a fallacy.
A song being played on the radio for example is autmatically assumed to be played a couple hundred thousand times. When you calculate the "per play" payment of that Spotify actually pays out more.
On top of that I've been going to concerts and a buying merch of bands I never would have heard without Spotify.
[QUOTE=garychencool;53023811]Be more specific next time[/QUOTE]
Read the article and think about context next time
[QUOTE=SIRIUS;53023712]good, spotify is garbage[/QUOTE]
Nope
[QUOTE=The golden;53024653]and no way of canceling payments unless you contact support which can take up to a week+ to reply to you[/QUOTE]
you literally click a button
Spotify (and soundcloud as well) has helped me discover past, present and upcoming artist. I absolutely love the service.
But what I don't love is Spotify's track record in paying artist, it's pretty disgusting. I get they are a business and profit is king but indie artist deserve to be paid better for the content they create.
[QUOTE=pod;53023779]Spotify is a mixed bag for me - as an artist and consumer.
On the one hand, I get to hear an [i]atrocious[/i] amount of new music every month and listen to amazing podcasts for downright dirt-cheap.
On the other hand, Spotify is pretty shitty when it comes to royalties and payments for its artists. A track would need to be listened to a couple hundred-thousand times in order to surmount to any practical money. This lawsuit is just a snippet of what's been happening for years.
The worst part about the system is that the artists that I love to listen to aren't getting the capital they need in order to keep providing what I like to listen to. No amount of merchandising or touring is going to replace what really belongs to them.[/QUOTE]
if I were an artist, I'd want my music up on Spotify for the exposure, not the price-per-stream payment. the way I see it, more people would discover me, and a fraction of those people might buy my albums.
when I discover a really awesome artist on Spotify, I like to buy their albums, it's nice to support them that way and have a physical copy that I can stick in my apartment so people can see my music tastes at a glance.
[QUOTE=fruxodaily;53025864]Spotify (and soundcloud as well) has helped me discover past, present and upcoming artist. I absolutely love the service.
But what I don't love is Spotify's track record in paying artist, it's pretty disgusting. I get they are a business and profit is king but indie artist deserve to be paid better for the content they create.[/QUOTE]
spotify pays out around 40% of each month's revenue. this is after record labels get their royalty cut (flat rate), PROs (flat rate), spotify revenue (about 15-30%) for back office services and wages
those remaining 40% are then paid out (directly related to amount plays/month) and it goes to publishers (if available) that are paid a lump sum for their amount of artists (publishers also take an administration fee). the publishers then pays artists and songwriters
so yeah in the end the artists, especially indie artists aren't paid that much. is it fair? yeah kinda. payment is related to how popular an artist is. and spotify wouldn't be much of a service if they didn't have the record labels contracts, who take a pretty hefty sum.
[QUOTE=The golden;53024653]I stopped using Spotify after learning how shit their account security is. My account got its password brute-forced and was hijacked. Why? Because there is no brute force protection, no two-factor security, no user-verification for account changes, no notification of unauthorized account access, and no way of canceling payments unless you contact support which can take up to a week+ to reply to you. Someone can literally just guess your password 400 times, change your account email without your intervention, and tada you have now lost your account.
Literally some of the worst account security I have ever seen. And if they are using music without permission or compensation then honestly they can go get fucked. I do not regret moving to Google Music one bit.[/QUOTE]
why not sign up through facebook
[QUOTE=SIRIUS;53023712]good, spotify is garbage[/QUOTE]
still miles better than youtube
[QUOTE=The golden;53024653]I stopped using Spotify after learning how shit their account security is. My account got its password brute-forced and was hijacked. Why? Because there is no brute force protection, no two-factor security, no user-verification for account changes, no notification of unauthorized account access, and no way of canceling payments unless you contact support which can take up to a week+ to reply to you. Someone can literally just guess your password 400 times, change your account email without your intervention, and tada you have now lost your account.
Literally some of the worst account security I have ever seen. And if they are using music without permission or compensation then honestly they can go get fucked. I do not regret moving to Google Music one bit.[/QUOTE]
Real talk, Spotify security aside, if your password was able to be bruteforced, it wasn't a very good password anyway or it was reused somewhere else that happened to get leaked. Agreed that 2-factor would have prevented it, but they shouldn't be able to get that far in the first place.
Get a password manager, make retarded hard passwords, and be done with it.
[QUOTE=Demache;53027825]Real talk, Spotify security aside, if your password was able to be bruteforced, it wasn't a very good password anyway or it was reused somewhere else that happened to get leaked. Agreed that 2-factor would have prevented it, but they shouldn't be able to get that far in the first place.
Get a password manager, make retarded hard passwords, and be done with it.[/QUOTE]
And ontop of that cancel the card and use facebook or something.
That way you have a multilayer of protection.
Still don't have it here yet :/
snip i get it now
How much you wanna bet apple has a hand in this at some level? Ever since they introduced their rival service, spotify feels like its been on blast.
[QUOTE=garychencool;53023811]Be more specific next time[/QUOTE]
I am sorry that our discussion methods do not meet your previously unspecified criteria. In future all my mentions of Spotify® AB will be correctly named as such, and shall meet your criteria. I am so so, so so so sorry.
[QUOTE=Eric95;53027444]why not sign up through facebook[/QUOTE]
Because that would require a facebook account and that's a whole 'nother can of worms.
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