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FWIW, those figures are in dispute. Swift and her management publicly stated that she was getting a lot less from Spotify -- IIRC, under $1 million. http://ww
by rst 11y ago
FWIW, those figures are in dispute. Swift and her management publicly stated that she was getting a lot less from Spotify -- IIRC, under $1 million.
http://www.businessinsider.com/how-much-taylor-swift-earned-from-spotify-2014-11 http://www.businessinsider.com/how-much-taylor-swift-earned-...
- Alupis 11y agoIf I recall, her dispute was in dispute by Spotify CEO. He asserted her final cut was probably what she was stating, but Spotify's checks to her label were in original $6 million range payouts, and that she should take the issue up with her management if they are taking that much out of her cut.
- rst 11y agoThere's more than one artist on her label (which, by he way, is not owned by her or her family, though they do have a minority stake).
- Alupis 11y agoThat would be irrelevant for her payouts as an artist. Spotify states that Taylor Swift, the artist (not the label), was pulling down $6 million a year from them alone. Swift stated she was only receiving around $1 million, to which the Spotify CEO referred her to speak with her management because they were clearly taking a massive/majority cut out of her payout. She's very young, and probably didn't pay much attention to her contracts and such. Even still, 80% is a lot for a label to consume in "management" fees.