Spotify files to go public as it faces a $1.6-billion copyright infringement suit

Spotify has confidentially filed paperwork for an initial public offering, a person familiar with the matter said. Meanwhile, Wixen is suing Spotify for at least $1.6 billion, alleging that the digital music streaming service violated the L.A.-area music publisher’s copyright on over 10,000 songs. (Jan. 3, 2018) (Sign up for our free video newsletter here http://bit.ly/2n6VKPR)

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