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    Spotify files to go public as it faces a $1.6 billion copyright infringement suit

    by Tracey Lien and Ryan Faughnder, Los Angeles Times Jan 03, 2018 2 minutes

    Music streaming company Spotify has confidentially filed to go public - moving forward with an unusual plan to list its shares directly on the New York Stock Exchange - even as it faces a new $1.6 billion lawsuit alleging copyright infringement.

    Wixen Music Publishing is suing Spotify, alleging that the company violated its copyright on more than 10,000 songs.

    A lawsuit of this nature

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