kt (strictlyrude) wrote in ohnotheydidnt,

Taylor Swift Would Have Made 6 Million on Spotify This Year.

Spotify CEO to Taylor Swift: Isn't $6 million enough?

Spotify CEO Daniel Ek says the talk about "Spotify making money on the backs of artists upsets me big time. Our whole reason for existence is to help fans find music and help artists connect with fans through a platform that protects them from piracy and pays them for their amazing work."

Ek says that piracy pays artists "nothing, zilch, zero. Spotify has paid more than two billion dollars to labels, publishers and collecting societies for distribution to songwriters and recording artists. A billion dollars from the time we started Spotify in 2008 to last year and another billion dollars since then."

He points out that payouts for a top artist like Taylor Swift (before she pulled her catalog) were on track to "exceed $6 million a year." He adds, "Any way you cut it, one thing is clear — we're paying an enormous amount of money to labels and publishers for distribution to artists and songwriters, and significantly more than any other streaming service."

Still, the numbers tell the story in another way: Spotify pays artists an average of "between $0.006 and $0.0084" per stream, according to the service's website. Swift is selling a deluxe edition of 1989 — with bonus tracks — exclusively at Target for $13.99.

source (usa today)

are you pro tayla deliswift or do u like her usual brows???
Tags: taylor swift

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