Taylor Swift’s record label has denied claims made by Spotify that the singer was on track to make $6 million a year from the streaming service.
Scott Borchetta, CEO of Swift’s independent record label Big Machine, said the singer had in fact only earned $496,044 from streaming her songs in the US in the past 12 months.
Borchetta said his label made more from streaming Swift’s videos on Vevo than from putting her music on Spotify.
But Spotify have refuted the claim, telling Time magazine it had paid out $2 million for global streams of Swift’s music.
The dispute between Swift and Spotify has grown since the singer pulled her back catalogue from the service earlier this month, just before her new album 1989 was due to be released.
Musicians against Spotify
Musicians against Spotify
1/10 Taylor Swift
Taylor Swift does not what her work to be used as an 'experiment' by Spotify and believes that artists are treated unfairly. She withdrew her entire catalogue in November 2014.
2/10 Thom Yorke
The Radiohead frontman famously described Spotify as 'the last desperate fart of a dying corpse' in October 2013.
3/10 David Byrne
David Byrne of Talking Heads wrote about not understanding Spotify's claim of discovery in a Guardian op-ed. 'The inevitable result would seem to be that the internet will suck the creative content out of the whole world until nothing is left,' he said.
Beck dismissed the Spotify model as 'not working' because of how little it pays musicians. He added that the 'saddest thing' about streaming is the poor sound quality - 'It's like watching Citizen Kane on your phone'.
5/10 The Black Keys
Dan Auerbach has described Spotify's payment to artists as 'so minuscule it's laughable'. 'If you are a bigger band that's already known and you rely on record sales for a living then it's really no place to be,' he said.
6/10 Atoms for Peace
Thom Yorke's other band refused to let Spotify stream their songs. Nigel Godrich from the group described the service as 'an equation that just doesn't work'. 'Small labels and new artists can't even keep their lights on. It's just not right,' he said.
7/10 Yannis Philippakis
The Foals singer said he would rather that somebody stole his record on vinyl than bought it or streamed it on Spotify. He described using Spotify as like going to a top class restaurant and leaving only coppers without paying the bill.
8/10 Aimee Mann
The US singer-songwriter has not put her music on Spotify because she does not think artists make a fair amount of money from the streaming service.
9/10 Grizzly Bear
The band tweeted in 2012 that Spotify provides a great service for people but does as much to help bands as 'downloading from Limewire'.
10/10 Jason Isbell
Jason Isbell of Drive-By Truckers has used the single word 'evil' to describe Spotify.
“I’m not willing to contribute my life’s work to an experiment that I don’t feel fairly compensates the writers, producers, artists and creators of this music,” she said.
Spotify CEO Daniel Ek hit back at Swift’s claim on Tuesday, saying the business had paid out $1bn to recording artists from 2008 to 2013.
“Taylor Swift is absolutely right: music is art, art has real value and artists deserve to be paid for it. We’re working day and night to recover money for artists and the music business that piracy was stealing away,” he said.Reuse content