Taylor Swift Earned Less Than $500,000 From Spotify This Year, Label Boss Says

Spotify painted a different picture of Swift's royalties. The company revealed to Time that the singer's catalog had generated global revenues of $2 million in the last 12 months and about $500,000 in the month prior to her catalog being pulled, covering both her label and publisher.

Swift has employed a windowing tactic in the past, holding back new albums from streaming services to goose album sales. Although Spotify has argued against this practice, Swift doesn't appear to have been harmed. Her new album, 1989, has sold nearly 1.7 million units in its first two weeks. And her previous album, Red, sold 1.2 million units in its first week back in 2012.

Scott Borchetta Explains Why Taylor Swift Was Pulled From Spotify

Big Machine is rewarding fans that pay for music. As he explained in a radio interview with Nikki Sixx on Nov. 7, letting people listen to Swift's music for free would be "completely disrespectful" to fans that paid for her music. So Big Machine draws a line between services that offer free, ad-supported listening and those that offer only paid subscriptions. "Now if you are a premium subscriber to Beats or Rdio or any of the other services that don't offer just a free-only, then you will find her catalog," said Borchetta.

Following Swift's departure, Jason Aldean removed his new album, Old Boots, New Dirt, from Spotify, joining notable artists such as Coldplay and the Black Keys that have delayed the release of new albums to Spotify and other streaming services. In the radio interview, Borchetta claimed more artists would follow. "I've had calls from so many other managers and artists. There's a big fist in the air about this."