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> You see, the money the Big Three got in the form of [Spotify] dividends, stock sales, etc was theirs to spend as they saw fit. They could share some, all, or
by bjornsing 2y ago
> You see, the money the Big Three got in the form of [Spotify] dividends, stock sales, etc was theirs to spend as they saw fit. They could share some, all, or none of it with musicians.
How can this be legal? Has it been tried in any court?
To me it feels unlikely that a court would accept the argument that since the Big Three got paid in something other than money they don’t have to pay royalties to the musicians on that. Otherwise what’s stopping any licensee from just charging their customers in gold instead of dollars, and pay zero royalty?