Spotify Attorney Estimates the Service Infringed 300,000 Songs in Settlement Hearing

Spotify is said to be preparing an initial public offering -- perhaps a "direct listing" that would take place next year. It still faces one significant obstacle, however: Copyright issues around compositions it didn’t license. In May, the company announced a $43.4 million settlement of a putative class-action lawsuit that would compensate publishers and songwriters for the infringement of…

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