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Spotify Bitter At Taylor Swift’s Non Participation

Spotify Bitter At Taylor Swift's Non Participation

Cause baby now we got bad blood.

Spotify CEO Daniel Ek wrote a lengthy blog post any misconceptions people may or may not have about the music streaming giant, including the notion artist don’t make money. He says Spotify’s paid our more than $2 billion since 2008.

Taylor Swift is absolutely right: music is art, art has real value, and artists deserve to be paid for it. 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.

He says if Taylor hadn’t pulled her album from Spotify, she could’ve banked $6 million.

“At our current size, payouts for a top artist like Taylor Swift (before she pulled her catalog) are on track to exceed $6 million a year, and that’s only growing – we expect that number to double again in a year.”

Ultimately, Taylor Swift’s move paid off – she sold 1.2 million in her first week banking about $12 million.

“We’re getting fans to pay for music again. We’re connecting artists to fans they would never have otherwise found, and we’re paying them for every single listen. We’re not just streaming, we’re mainstreaming now, and that’s good for music makers and music lovers around the world.”

Team Taylor or Team Spotify?