Saturday, 20 January, 2018

Spotify Content Chief Steps Down Ahead of IPO

Music Publisher Sues Spotify for US$1.6 Billion Spotify's Chief Content Officer Stefan Blom Exiting Company
Olivia Ford | 07 January, 2018, 02:00

The suit, which alleges that Spotify is using thousands of songs without a proper license, was filed on December 29 in California federal court. Some of these songs are owned by Wixen via copyright.

"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.

It's been a big week for Spotify as reports emerged that the music-streaming behemoth has confidentially filed IPO documents ahead of a planned direct stock exchange listing in the first half of 2018.

The lawsuit alleged Spotify had used thousands of songs without properly getting the license to distribute them, according to The Hollywood Reporter.

Spotify countered that Wixen had only "assumed" their authority to file a lawsuit after sending their clients a letter "stating that it would submit Requests for Exclusion in their names unless - within a short time frame - the client affirmatively provided Wixen Music with contrary instructions". Wixen is the exclusive publisher of some of the most popular songs by a lot of top artists in the music industry.

Meanwhile, Spotify itself filed a claim the very same day. Wixen Music Publishing, which represents compositions by Tom Petty, Neil Young and others, alleges that Spotify does not have a license to stream the songs. They already have a $43 million settlement which was proposed back in May.

Ever since the capacity to stream data like movies, television shows, and the music was developed there has been a battle between publishers, labels and artists to protect their content from being illegally shared without them being properly compensated for it.

Recommended

  • Virat Kohli truly can't part with Anushka Sharma even for a minute

    Virat Kohli truly can't part with Anushka Sharma even for a minute

    The pair got married on 11 December 2017 in Italy and their lavish wedding reception took place on 26 December, 2017 in Mumbai . Like a dutiful wife, Anushka cheered her hubby on as he went all padded up into the field on the first day of the Test match.
    Katie Nolan tests ESPN's new politics policy by calling President Trump stupid

    Katie Nolan tests ESPN's new politics policy by calling President Trump stupid

    ESPN issued revised guidelines on social media and political commentary late a year ago . That led to a back-and-forth between the president and ESPN .
    Dimitrov wary of Kyrgios

    Dimitrov wary of Kyrgios "tap" strategy

    After seeing Edmund's distress, Dimitrov immediately leaped over the net and sprinted to his aid, helping the Briton to his chair. At 4-4 in the third set, Edmund tumbled to the court, clutching his right ankle with both hands.
  • Mourinho hits back at Conte, raises match-fixing

    Mourinho hits back at Conte, raises match-fixing

    The literal translation is "senile dementia", but Chelsea moved to clarify that Conte had been searching for the Italian word for amnesia.

    Many Apps Use Microphone to Track Television Habits

    Alarmingly, the information is collected even if the apps aren't actively running at the time - and it's sold on to advertisers. Pool 3D , one of the apps to run the software, attempts to expound its goal , reach and conduct.
    Serena Williams withdraws from the 2018 Australian Open

    Serena Williams withdraws from the 2018 Australian Open

    Per ESPN , Williams has withdrawn from the upcoming Australian Open , the tournament which she won previous year while two months pregnant.
  • Macy's to close more stores

    Macy's to close more stores

    CEO Jeff Gennette says the company's focus has been expanding online, stabilizing its stores and laying the foundation for growth. At market open, Macy's shares reversed modest premarket gains, starting the day down 3.5 percent to $24.44.
    Engineer killed, eight missing in J&K avalanche

    Engineer killed, eight missing in J&K avalanche

    Deputy Commissioner Khalid Jehangir told news gathering agency GNS that two more bodies were recovered in the afternoon. The Chief Minister expressed sympathies with the bereaved families and prayed for solace to the departed souls.
    Mega Millions, Powerball jackpots soar to a combined $1 billion

    Mega Millions, Powerball jackpots soar to a combined $1 billion

    This is still the fourth-largest jackpot in Mega Millions history and the 11th-largest jackpot in USA lottery history. As of Friday afternoon, the Mega Millions jackpot is at $450 million and Powerball is at $570 million.
  • Tamil Nadu: High Court asks bus strikers to resume services

    Tamil Nadu: High Court asks bus strikers to resume services

    The government has invited those possessing valid driving licences to approach local bus depots to be used as substitute drivers. In a statement to media on Friday, Vijaybhaskar said 13th wage revision for transport employees was held on January 4.
    Comedian and Actor Jerry Van Dyke of 'Coach' Dies at 86

    Comedian and Actor Jerry Van Dyke of 'Coach' Dies at 86

    Van Dyke's wife, Shirley , told the site he passed away Friday, two years after a debilitating vehicle accident injured them both. Nelson and Patricia Heaton are among the costars, friends and collaborators remembering Jerry Van Dyke today.
    Milwaukee's Giannis Antetokounmpo leads NBA All-Star voting

    Milwaukee's Giannis Antetokounmpo leads NBA All-Star voting

    For the guards , Curry is followed by the Houston Rockets' James Harden (602,040) and Oklahoma City's Russell Westbrook (438,469). In the west, Durant and New Orleans Pelicans pair Anthony Davis and DeMarcus Cousins are the top three in the frontcourt.

Spotify secretly files for IPO this year Spotify secretly files for IPO this year Wixen handles copyright management and royalty compliance for artists including Tom Petty, The Doors, Neil Young and Missy Elliot. In addition, Wixen Music Publishing is also seeking attorneys' fees and costs and injunctive relief.

Sweden rejects United States call for UNSC session over Iran riots Sweden rejects United States  call for UNSC session over Iran riots Russian Federation said the United States is exploiting the protests in Iran in order to derail the landmark nuclear deal. He said that while Moscow regrets the loss of lives in the protests, Iran should be left to "deal with its own problems".

Friday night's Mega Millions drawing could bring $450M jackpot Friday night's Mega Millions drawing could bring $450M jackpot The winning numbers drawn Friday night to claim the nation's 10th largest jackpot were 28-30-39-59-70-10. The Florida Lottery says the winning ticket was bought at a 7-Eleven convenience store in Port Richey.

Gander Outdoors to open this spring in Niles Gander Outdoors to open this spring in Niles Gander Mountain is now Gander Outdoors and eight locations in MI will assume the name. The Gander Mountain store in Rothschild will reopen this spring as Gander Outdoors .

Mad Catz Returns With New Mouse, Headset and More Mad Catz Returns With New Mouse, Headset and More Mad Catz will be back and ready to go at CES 2017 which is taking place on January 9th in Las Vegas, Nevada until January 12th. Mad Catz has been a permanent fixture in gaming for nearly three decades and we firmly believe it's best days lie ahead.

Donald Glover's 'Atlanta' Is Coming Back on March 1 Donald Glover's 'Atlanta' Is Coming Back on March 1 Glover added, "That was our favorite as kids". "You laugh, but Tiny Toons Adventures was wonderful ". Along with FX's announcement that Atlanta will return on Thursday, March 1 at 10 p.m.

HP recalls 50000 laptop batteries over risk of overheating, fire HP recalls 50000 laptop batteries over risk of overheating, fire In the meantime, HP recommends all users make sure their laptops have been switched in to "battery safe mode". One person suffered a first-degree burn from the battery and three others had property damage totaling $4,500.

Tesla Faces More Model 3 Production Snarls Tesla Faces More Model 3 Production Snarls Tesla shares, despite paring some gains from a high of $385 in September, still trade at 46 percent above their price a year ago. Among the issues Tesla faced was its battery module assembly line at its Nevada Gigafactory, which required a redesign.

There's Another Death from Flu in Oklahoma There's Another Death from Flu in Oklahoma It's never too late for people to get their flu shot since flu season typically lasts from October to April. The number of flu cases normally peaks here and elsewhere between January and February.

Officials report 7 more flu deaths in NC; 20 for the season Officials report 7 more flu deaths in NC; 20 for the season Arizona is one of 21 states in the country reporting a high number of outpatient visits due to flu in the previous week, the U.S. Some county health directors decline to confirm flu-related deaths, per DHHS direction.

Accuser sues Roy Moore and his campaign for defamation Accuser sues Roy Moore and his campaign for defamation Senate candidate Roy Moore seduced and molested her when she was 14. "But they need to be held responsible for their actions". Corfman said she has not received any compensation from The Post or any other source for disclosing her encounter with Moore.

LG Announces the HU80KA 4K UHD Projector - CES 2018 Nevertheless, all the information about this awesome projector is anticipated to be revealed during its announcement at CES 2018 . Also there is the Auto Cord feature, allowing the cable to quickly wind up so that it makes moving the projector even easier.

Why Caitlyn Jenner didn't trust the Kardashians with reassignment surgery secret Why Caitlyn Jenner didn't trust the Kardashians with reassignment surgery secret Speaking about romance and dating, Caitlyn said: "No, dating is... my life is very busy and I've had three marriages". Kim Kardashian is fuming over her claims. "You just said, 'Certain areas?' That to a trans person is disrespectful".

Hillary Spox Blasts FBI After Report of New Clinton Foundation Probe Hillary Spox Blasts FBI After Report of New Clinton Foundation Probe Both have previously denied the allegations of trading government policy decisions for donations. She put Classified Passwords into the hands of foreign agents.

First blue supermoon lunar eclipse in 150 years coming in January 31 First blue supermoon lunar eclipse in 150 years coming in January 31 America's West Coast will get the best look at the blood moon as the eclipse begins at 2:51 a.m. and will last through 6 a.m. The peak of the shower was January 3, a waning full moon may interfere with observing these meteors, NASA stated.