Team Taylor Swift fired another shot in the press Wednesday in her ongoing dispute with Spotify, with Scott Borchetta, CEO of her record label Big Machine, claiming Swift has made less than $500,000 in the last 12 months for domestic streaming of her songs, according to Time.
The claim – which lists Swift’s domestic streaming earnings at precisely $496,044 – counters Tuesday’s statement from Spotify CEO Daniel Ek, who estimated that the pop artist could earn more than $6 million in the coming year from Spotify. Borchetta further claimed that Swift earns more from streaming videos on Vevo than from Spotify.
“The facts show that the music industry was much better off before Spotify hit these shores,” Borchetta 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.”
However, a Spotify spokesperson told Time that Swift’s payout for the past 12 months on the platform was $2 million.
“We started Spotify because we love music and piracy was killing it,” Ek said in a lengthy blog post about the Swift situation on Tuesday. “So all the talk swirling around lately about how Spotify is making money on the backs of artists upsets me big time. Our whole reason for existence is to help fans find music and help artists connect with fans through a platform that protects them from piracy and pays them for their amazing work.”
The debate began with the release of Swift’s newest album, “1989,” and her subsequent decision to pull her discography Spotify on Nov. 3, dealing a blow to the popular streaming site and seeing her album sales top 1 million in the first week for the third consecutive release.