On Tuesday, Spotify CEO Daniel Ek finally put his money where his mouth is and released some figures about what Taylor Swift was earning from streaming her songs on Spotify. Ek claimed that before she pulled her tracks, the current queen of pop was projected to earn $6 million a year. Yesterday, Swift's label boss, Scott Borchetta, fired back in Time Magazine, where he said Spotify had paid just $500,000 for Taylor Swift's domestic streams last year. Spotify replied in the same time article, saying it had paid Swift $2 million in global streaming royalties over the last 12 months.
via The Verge - All Posts http://ift.tt/1EyKLzD
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