In Taylor vs. Spotify, It's She Said vs. He Said
Her label says she's made just $500K from streaming in a year
By Evann Gastaldo,  Newser Staff
Posted Nov 13, 2014 10:59 AM CST
Taylor Swift performs on ABC's "Good Morning America" in Times Square on Oct. 30, 2014, in New York.   (Photo by Greg Allen/Invision/AP)
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(Newser) – The back-and-forth between Taylor Swift and Spotify continues: Though Spotify says Swift would have made $6 million from the streaming service this year had she not pulled all her music from it, Swift's record label tells Time she's been paid less than $500,000 for domestic streaming of her music over the past year. In fact, says Scott Borchetta, CEO of Big Machine, the label has made more from streaming her videos on Vevo than it has from Spotify.

But, as CNN Money notes, "the he said/she said ... is getting dizzying," because Spotify told Time it has paid out $2 million for Swift's streaming over the past year. The site attempts to explain what could account for the discrepancy between the two figures: "Swift set up an arrangement with Big Machine to outsource distribution to a bigger label, Universal. The cut taken by Universal, and the amount Spotify pays for streams of Swift's songs outside the United States, are missing from Borchetta's figure." (The real shocker is that Swift's been single for a year and a half.)
 

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