Spotify defends itself against Taylor Swift’s criticism

Spotify’s chief executive has defended its business model, saying it has paid out $2bn (£1.2bn) to the music industry to date.Daniel Ek’s lengthy blog post follows a high profile move by pop star Taylor Swift to pull her entire back catalogue from the song-streaming service. see:Spotify CEO speaks out on Taylor Swift albums removal: ‘I’m really frustrated’
Spotify chief executive Daniel Ek has responded to Taylor Swift’s decision to remove her albums from the streaming service with a blog post tackling what he describes as the “myths” of streaming music.”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,” wrote Ek.

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