http://www.theguardian.com/technology/2014/nov/11/spotify-ceo-taylor-swift-albums-daniel-ek
“We started Spotify because we love music and piracy was killing it. So all the talk swirling around lately about how Spotify is making money on the backs of artists upsets me big time,”
‘Here’s the key fact: more than 80% of our subscribers started as free users’
We’re getting fans to pay for music again. We’re connecting artists to fans they would never have otherwise found, and we’re paying them for every single listen. We’re not just streaming, we’re mainstreaming now, and that’s good for music makers and music lovers around the world.”
Ek also claimed that a top artist like Taylor Swift can expect to earn $6m a year from Spotify streams; criticised YouTube and SoundCloud for their lack of payments to artists for every stream on their services; and cited the likes of Ed Sheeran, Ariana Grande, Calvin Harris and Daft Punk as examples of artists who have sold lots of albums without windowing their releases from Spotify.
I think that Spotify has made alot of progression as most of their users once started with free membership and have no updated for subscription packages. It is also a good way to tackle piracy.
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