Taylor Swift to Spotify: We’re Never Getting Back Together

457812986

Taylor Swift is definitely done with Spotify. Scott Borchetta, CEO of her record label Big Machine, said Wednesday that the pop star has made less than half a million dollars in the past 12 months for domestic streaming of her music, reports Time.

Spotify CEO Daniel Ek claimed Tuesday that Swift could earn more than $6 million in the next 12 months from the platform.

“We started Spotify because we love music and piracy was killing it. So all the talk swirling around lately about how Spotify is 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.”

However, team Taylor Swift doesn’t agree with his statement. Borchetta stressed that Swift earns more money from Vevo than from Spotify.

“The facts show that the music industry was much better off before Spotify hit these shores. Don’t forget this is for the most successful artist in music today. What about the rest of the artists out there struggling to make a career? Over the last year, what Spotify has paid is the equivalent of less than 50,000 albums sold.”


RELATED: Spotify Begs For Taylor Swift To Come Back


Prev1 of 2Next