Spotify CEO Daniel Ek Responds To Taylor Swift Pulling Her Music: ‘We’ve Already Paid More Than $2 Billion In Royalties To The Music Industry’

After all the controversy surrounding Taylor Swift yanking her music from the popular streaming service Spotify, the company's CEO Daniel Ek has finally responded to the split.

In a lengthy blog post, Ek explained Spotify's business practices in an effort to inform music fans who may be confused about the company's policies. He also addressed Taylor Swift's choice to part ways with the site specifically, citing how much money the "1989" songstress could have made if she had remained with the service.

"Spotify has paid more than two billion dollars to labels, publishers and collecting societies for distribution to songwriters and recording artists," said Ek in the post. "A billion dollars from the time we started Spotify in 2008 to last year and another billion dollars since then."

31-year-old Ek, who launched Spotify in late 2008 with Martin Lorentzon, went on to express his belief that piracy is causing the greatest loses to the music industry, not streaming services. 

"In the old days, multiple artists sold multiple millions every year. That just doesn't happen any more; people's listening habits have changed - and they're not going to change back," stated the Swedish entrepreneur. "You can't look at Spotify in isolation - even though Taylor can pull her music off Spotify (where we license and pay for every song we've ever played), her songs are all over services and sites like YouTube and Soundcloud, where people can listen all they want for free."

Throughout the post, Ek made an effort to speak directly to musicians and members of the music industry, who the policies of Spotify directly affect.

"Here's the thing I really want artists to understand: Our interests are totally aligned with yours. Even if you don't believe that's our goal, look at our business. Our whole business is to maximize the value of your music," said Ek. "We don't use music to drive sales of hardware or software. We use music to get people to pay for music."

Ek referenced the names of several artists, including Ed Sheeran, Ariana Grande, and Lana Del Rey, who have used the music streaming service to promote their new releases. He also cited Irish musician Hozier, whose hit single "Take Me To Church" reportedly generated "hundreds of thousands of dollars for his label and publisher."

Ek claims that Taylor Swift was on track to make at least $6 million this year on Spotify before she took her music off of the service.  

"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," said Ek. "We're not just streaming, we're mainstreaming now, and that's good for music makers and music lovers around the world."

So, while it seems that Spotify and Taylor Swift are likely never ever ever getting back together, where do you stand on the streaming debate? 

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