4 ms·
There'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).
by rst 11y ago
There'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.