Taylor Swift's Record Label Says She Only Earned $500k from Spotify
Borchetta explained Swift pulled her music from Spotify to make a point about the alleged harm the service causes musicians. "The facts show that the music industry was much better off before Spotify hit these shores," he told Time. “Don’t forget this is for the most successful artist in music today. What about the rest of the artists out there struggling to make a career? Over the last year, what Spotify has paid is the equivalent of less than 50,000 albums sold."