Is Spotify Playing Fair? The $1.6 Billion Question
In conversation with Audiam's Jeff Price on Spotify lawsuits and more
A music publishing company has launched a $1.6-billion lawsuit against Spotify, accusing the streaming giant of not getting the proper license needed to properly pay songwriters and publishers for millions of songs, including those by Tom Petty, Neil Young, Bob Dylan, and many more.
The forensic analysis of the streaming and payment data used in this lawsuit was done by Jeff Price and his team at Audiam, the SOCAN-owned mechanical royalty collection agency. Jeff explains why Spotify was caught in this situation, how endemic this problem is, and why Canadian law has prevented similar lawsuits in this country even though the problem exists here as well. He provides the background on how Audiam was able to expose the problem with Spotify's payments (or lack thereof) and how that problem could be fixed – to the benefit of creators and recording artists in Canada and around the world.