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Senators: Spotify’s Bundling Plan ‘Harms Consumers,’ Call on FTC to Investigate
Two senators called on the FTC to investigate Spotify over a bundling plan that reduces royalty payments by hundreds of millions of dollars.
Senators Marsha Blackburn and Ben Ray Luján bitterly criticized Spotify’s music-audiobooks bundling plan, which lowers royalties to songwriters and music publishers by hundreds of millions of dollars every year, in a letter released Friday asking the Federal Trade Commission to investigate the streaming giant. “We urge the FTC to investigate the impact of Spotify ’s recent actions, to take steps to protect Americans from being forced into subscriptions without notice or choice, and to safeguard the music marketplace,” it continues. “Bundled Premium Plans are apparently aimed at increasing [Spotify’s] profits,” Blackburn and Luján wrote, “while lowering royalty payments to the creative community.” The news was first reported by Billboard.
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