Spotify CEO Responds to Taylor Swift's Concerns

Spotify CEO Responds to Taylor Swift's Concerns

Taylor Swift flashes her winning smile as she arrives at Good Morning America on Tuesday morning (November 11) in New York City.

The 24-year-old entertainer promoted a new app that is available that will insert you into “Blank Space” music video!

Spotify CEO Daniel Ek recently responded to Taylor after she pulled her music off of his streaming site.

Taylor Swift is absolutely right: music is art, art has real value, and artists deserve to be paid for it,” Ek said. “So all the talk swirling around lately about how Spotify is making money on the backs of artists upsets me big time. [Royalties] are on track to exceed $6 million a year.”

“We’re paying an enormous amount of money to labels and publishers for distribution to artists and songwriters, and significantly more than any other streaming service,” he added. “If that money is not flowing to the creative community in a timely and transparent way, that’s a big problem. Here’s the overwhelming, undeniable, inescapable bottom line: the vast majority of music listening is unpaid. If we want to drive people to pay for music, we have to compete with free to get their attention in the first place.”

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