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Taylor Swift’s Spotify Paycheck Mystery

Taylor Swift hot smile Spotify Paycheck Mystery TIME


According to Borchetta, the actual amount his label has received in return for domestic streams of Swift’s music—$496,044—is drastically smaller than the amount Spotify has suggested the artist receives. That sum represents only a portion of the amount paid out by the streaming service. Spotify CEO Daniel Ek said Tuesday that the label for an artist of Swift’s popularity could expect to receive $6 million in the next year from the streaming service as the site’s audience grows. Borchetta said his label had made more from streaming Taylor Swift’s videos on the video site Vevo than it has from putting her music on Spotify.

A Spotify spokesperson told TIME that the total payout for Swift’s streaming over the past 12 months globally was $2 million.

Stashed in: Music, Monetization, @taylorswift13, Spotify

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So someone's lying.

And ultimately Taylor Swift is right, that Spotify is not worth $500k to her:

Taylor Swift can make so much more just selling albums and Vevo.

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