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Spotify hit by new $200 million copyright suit

Streaming leader Spotify has been hit by a new copyright lawsuit seeking $200 million, in the second such case within weeks.

Apple working to complete streaming music deal with record labels before June 8

Labels are pushing to get a larger chunk of revenue than they receive under their current deals with Spotify, a competing streaming service, people familiar with the negotiations said. Both sides want to complete a deal before Apple's June 8 annual event in San Francisco for more than 5,000 developers.

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