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Thursday, July 21, 2022 9:22:03 PM
When contacted by MBW about the new settlement, a Spotify spokesperson said: “Spotify and Sosa have agreed to drop their claims against each other, without any payment by Spotify.
https://www.musicbusinessworldwide.com/spotify-settles-with-pro-music-rights-founder-who-sought-over-1bn-in-damages/
Spotify countersued and blasted the tactics of PMR/Sosa/Noch. The parties agreed to drop the suits against each other with no payment.
This is further verified in PMR's recently filed S-1/A. Note the absence of "Spotify" in that disclosure before it was withdrawn.
https://www.sec.gov/Archives/edgar/data/0001831925/000121390022019488/ea158372-s1a3_promusic.htm
I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.
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