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Songwriters’ spat with Spotify complicates plans for IPO

Spotify’s long-running spat with songwriters isn’t going away — and that could complicate plans to take the company public. The Swedish music-streaming service — which for years has tangled over business terms with big-name artists like Taylor Swift — is getting fresh static from music publishers and the songwriters they represent over unpaid royalties, sources told The Post. Among their demands: a chunk of Spotify’s equity when it takes itself public either this fall or next spring in a deal that could value the company as high as $13 billion, according to sources close to the situation and documents reviewed by The Post. “Whether and how equity has been considered within the royalty rate calculation … is an issue th ...