Spotify CFO predicts ‘long, drawn-out’ CRB-rates appeal


Spotify’s decision (alongside other streaming services) to appeal against new songwriter-royalty rates set by the US Copyright Royalty Board (CRB) has caused fury among the music-publishing community. It’s unlikely to be settled soon, too. “That will be a long drawn-out process. It’s just the nature of the business,” Spotify’s chief financial officer Barry McCarthy told analysts...

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Stuart Dredge

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