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Spotify Being Sued For 1.6 Billion Dollars

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Spotify is on the verge of becoming the biggest stream service to become a publicly traded company, but that is not without controversy. Spotify is the most successful in the music streaming business, with over 60m paying subscribers. It is reportedly valued at $19 billion dollars.

Wixen a royalty firm is suing Spotify for $1.6 billion dollars for hosting songs it allegedly doesn’t have the full rights to. Wixen collects royalties on behalf of artists including Tom Petty, Neil Young, Janis Joplin and the Doors, alleges that Spotify “took a shortcut” when it cut deals with major labels to host their back catalogues.

The suit which was filed on Wednesday,  states that under the US Copyright Act, each song has two copyright claims: one to the recording, and the other to the composition. Wixen claims that Spotify didn’t obtain the composition rights in their deals, and is seeking damages of $150,000 per song, for over 10,000 songs.

In 2016, it paid over $20m in outstanding royalties to a number of publishers via the National Music Publishers’ Association, while in May 2017, it settled a lawsuit with three small publishers, including the estate of Jaco Pastorius, for over $43m.

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Canada Legalizes Weed With Historic Vote

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Canada becomes the second in the world to legalize recreational marijuana use.

Marijuana possession was officially outlawed in Canada during the 1920s. On Tuesday night, the Senate voted 52-29 to pass Bill C-45, also commonly known as the Cannabis Act. The measure was previously approved by the House of Commons, and now awaits Royal Assent for the final step in Canada’s legislative process.

According to NPR, the bill will allow anyone over the age of 18 to possess no more than 30 grams of marijuana. It also allows adults to sell cannabis as well as grow up to four plants in their home.

Authors of the bill pointed to several benefits of legalization, including economic stimulation and protecting the youth from criminal operations.

The biggest win is the decriminalization of fewer than 30 grams. No longer will citizens face lengthy jail terms from 3 months to 5 years in prison and have to deal with the parole system.

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Jay-Z Is Puma’s New Creative Director Of Basketball

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Jay-Z has had many roles in his career. After surprising fans with a joint album with his wife Beyonce, Hov was announced as the Creative Director for Puma.

“We’ve been working with Roc Nation for quite some time. They’ve been great partners to us for several years. We’ve done many different deals with many different ambassadors,” Adam Petrick, Puma’s global director of brand and marketing, told Complex. When Puma approached him about this opportunity, JAY-Z felt it “was something he wanted to be a part of,” according to Petrick.

Hov will have a hand in the players selected to join Puma’s basketball division, as well as assist in the art design and overall concept and direction of the brand.

The global shoe and sportswear company has announced the signings of top draft prospects DeAndre Ayton (Arizona), Marvin Bagley III (Duke), and Zhaire Smith (Texas Tech). Ayton is considered the unanimous favorite to go No. 1 to the Phoenix Suns in Thursday’s draft, while Bagley and Smith are also expected to go in the lottery.

“What’s important to him on a day like today is that it’s clear we’re making a serious push with players like Bagley and Ayton and Smith. We’re making a serious statement about the entry of the category, that we want to be a performance brand, but then also very culturally focused. It’s clear that we’re looking at basketball through the lens of culture, and thinking about the fashion of basketball, the music of basketball, all the aspects of culture around basketball as much as the on court presence that we will have,” Petrick added.

 

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Lebron James Is Not Surprised With Donald Trump Uninvited The Eagles To The White House

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The Philadelphia Eagles were scheduled to visit this White House, but yet again President Trump decided to revoke the invitation on Monday.

Since the entire team wouldn’t attend because of their stance against President’s policies and views on the anthem, pulled another dick move. Trump used is as another political diversion questioning the patriotism of the players.

 

On Tuesday, LeBron James at his press conference ahead of Game 3 on Wednesday night. James, who has never been afraid to criticize Trump, responded that it was “typical of him” and noted that he wouldn’t have that problem with whoever wins the NBA Finals because they won’t want the invite.

Steph Curry cosigned with James’ sentiment.

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