Spotify, the world’s most popular online music and podcast platform, is based in the US was indicted. The lawsuit filed by the Mechanical Licensing Community (MLC), an organization that collects royalty payments from digital platforms across the country and distributes them to their owners, accuses Spotify of misreporting its revenue. According to the MLC, Spotify will notify copyright owners through policy changes. will pay less.

Spotify launched its audiobook service a while ago. In this context are Premium, Duo and Family packages expressed including books updated. Here, according to MLC, the company has reduced copyright fees using this as an excuse. While Spotify also does this no income lost. MLC argues here that wages paid will be unfairly reduced as a result of all this.

With this decision, Spotify will generate $150 million in additional revenue.

In the documents submitted to the court, MLC also explained how the decision would affect Spotify and its owners. According to the information in the petition, this step will reduce the income of the work owners. up to 50 percent there will be a decline. Spotify is out here $150 million will make a profit.

It’s unclear how the case will play out, but a Spotify spokesperson says that they feel uncomfortable he claimed. The Spotify spokesperson said payments to the owners of the works reached record levels in 2023 and said they expect a similar situation to occur in 2024. In the meantime; Spotify this past year $9 billion Let’s just point out that he paid royalties.