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		</div><p>Spotify has set aside $30 million (£20.7 million) to pay unpaid royalties.</p>
<p>The streaming service reached an agreement with the National Music Publishers’ Association (NMPA) over songs that hadn’t received payment because Spotify hadn’t identified their publishers, reports Billboard.</p>
<p>Spotify has faced several multi-million dollar lawsuits over this issue so it is hoped a new settlement process will put cases like this to bed.</p>
<p>Jonathan Prince, of Spotify, said: “As we have said many times, we have always been committed to paying songwriters and publishers every penny.</p>
<p>“We appreciate the hard work of everyone at the NMPA to secure this agreement and we look forward to further collaboration with them as we build a comprehensive publishing administration system.”</p>
<p>The settlement process will start next month with a three-month opt in process where NMPA members can apply for a share of the $30 million by claiming and proving ownership of a song.</p>
<p>It covers all music on Spotify since its launch and until June 30 next year.</p>
<p>NMPA president and CEO David Israelite said: “NMPA’s goal has always been to ensure publishers and songwriters receive the money they deserve.</p>
<p>“I am thrilled that through this agreement both independent and major publishers and songwriters will be able to get what is owed to them. </p>
<p>We must continue to push digital services to properly pay for the musical works that fuel their businesses and after much work together, we have found a way for Spotify to quickly get royalties to the right people. </p>
<p>I look forward to all NMPA members being paid what they are owed, and I am excited about the creation of a better process moving forward.”</p>
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