Spotify CEO Daniel Ek is getting tired of the narrative that his company is screwing over musicians and songwriters. This morning, he took to Spotify's blog with a lengthy defense of its business and the streaming model at large. And he didn't ignore the elephant in the room: Taylor Swift's recent divorce from Spotify. "Taylor Swift is absolutely right: music is art, art has real value, and artists deserve to be paid for it," Ek wrote. "So all the talk swirling around lately about how Spotify is making money on the backs of artists upsets me big time." According to the CEO, royalties paid to Swift — prior to her disappearance — and other top mainstream artists "are on track to exceed $6 million a year."
Ek revealed some broader numbers...
via The Verge - All Posts http://ift.tt/10QQSlu
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