Spotify Hit With FTC Complaint by Songwriters Association Over Royalties [Yahoo! Finance]
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Spotify Technology S.A. Ordinary Shares (SPOT)
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am
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Source: Yahoo! Finance
the US Federal Trade Commission on Wednesday about Spotify Technology SA's decision to provide audiobooks to subscribers, which resulted in reduced royalty payments to songwriters.The audiobooks addition gave Spotify leeway to reclassify its premium subscription offering as a “bundle.” Under a complicated system set by the US Copyright Royalty Board, that qualifies Spotify to pay a discounted rate to songwriters since it's now paying for the licensing of books and music under the same subscription price. Most Read from Bloomberg US Inflation Broadly Cools in Encouraging Sign for Fed Officials Hunter Biden Was Convicted. His Dad's Reaction Was Remarkable. Blinken Casts Doubt on Cease-Fire Hopes After Hamas Responds Stock Bull Run Breaks Record on Fed Decision Day: Markets Wrap EU to Slap Tariffs of Up to 48% on EV Imports From China The NMPA alleges in its complaint that the bundle is unlawful since subscribers were automatically rolled in, with no option to remain on a m
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SPOT
News
- Spotify (SPOT) Sees a More Significant Dip Than Broader Market: Some Facts to Know [Yahoo! Finance]Yahoo! Finance
- Apple Hit by Fresh EU Warning Over Alleged App Store Abuses [BNN Bloomberg (Canada)]BNN Bloomberg
- Spotify offers additional plans for US subscribers; holds niche with audiobooks [Seeking Alpha]Seeking Alpha
- Spotify Adds a New Lower-Priced Subscription Plan for U.S. Subscribers [Yahoo! Finance]Yahoo! Finance
- Spotify Adds Audiobook-Free Plan for $11 [CNET News]CNET News
SPOT
Earnings
- 4/23/24 - Beat
SPOT
Sec Filings
- 6/12/24 - Form 144
- 6/10/24 - Form 144
- 6/7/24 - Form 144
- SPOT's page on the SEC website