Spotify planning new, more expensive subscription tier - Bloomberg News

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Go back to Spotify planning new, more expensive subscription tier - Bloomberg News

Spotify (SPOT) falls as NMPA files FTC complaint over reduced royalties

June 13, 2024 10:46 AM EDT

Spotify (NYSE: SPOT) shares dropped more than 3% Thursday after reports stated the National Music Publishers' Association filed a complaint with the US Federal Trade Commission about the company's decision to provide audiobooks to subscribers, which resulted in reduced royalty payments to songwriters.

The... More