Partner Luke DeMarte was featured in Reuter's article, "Spotify makes confidential filing for U.S. IPO: source" on January 3, 2018.
"Music streaming service Spotify has filed confidentially with U.S. regulators for an initial public offering and is targeting a direct listing in the first half of 2018 that would allow some longtime investors to cash out, a source familiar with the matter said on January 3rd.
"The lawsuit is unlikely to have a major impact on Spotify’s IPO, said Luke DeMarte, a copyright lawyer at Michael Best & Friedrich not involved. DeMarte said he expects Wixen to settle its case for far less than the damages it is seeking and that it is unlikely any of the publisher lawsuits go to trial."'
To read the entire Reuter's article, click here.