Taylor Swift is one of a few A-list artists who can make money out of Spotify, and even she withheld some of her releases from the streaming service for a few years. Photo: JC Olivera/Getty Images/TNS
The reality of Spotify for artists: there’s no money in streaming music unless you’re A-list stars like Taylor Swift or BTS
- Spotify’s mission includes ‘giving a million creative artists the opportunity to live off their art’, but US and Hong Kong artists earn peanuts from its streams
- Spotify says it hit the market when the recording industry was ‘ravaged by piracy’, and that it’s helped the music industry recover
Taylor Swift is one of a few A-list artists who can make money out of Spotify, and even she withheld some of her releases from the streaming service for a few years. Photo: JC Olivera/Getty Images/TNS