Spotify Sued for $1.6 Billion by Tom Petty Publisher
They won’t back down. Wixen Media Publishing, which also handles music by Stevie Nicks, The Doors, Weezer and Neil Young, is suing the streaming giant for at least $1.6 billion in damages, claiming Spotify played songs without proper licensing. Wixen isn’t the first: In May, the Swedish company offered $43 million to settle a class-action complaint from songwriters. This new suit, filed Dec. 29, is racing the Music Modernization Act — legislation introduced in Congress late last month that would affect any lawsuits filed after Jan. 1.