When Spotify agreed a $43.4m deal in May this year to settle a class-action suit brought against it over mechanical royalty payments – in a case combining lawsuits filed by David Lowery and Melissa Ferrick – it was no doubt hoping that would end negative coverage of its songwriter-royalties issues.
For Chris Crawford, co-founder and CEO of rights clearance platform Loudr, it was a missed opportunity to finally fix online-licensing at scale, and prevent this becoming a recurring nightmare for services.
“I don't think it has been addressed properly! I think there is a huge opportunity to fix this problem. The settlement is terrible because it's basically a speeding ticket for not doing things correctly,” he says of the high-profile settlement.
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