E! Online
·entertainment
·3 hours ago
How Taylor Swift Helping Artists Make Money in Spotify Stock Sale
Taylor Swift's 2018 record deal with Universal Music Group includes a clause ensuring all label artists benefit from Spotify stock sales. UMG now sells half its Spotify stake, paying out artists including Kendrick Lamar, Ariana Grande and SZA regardless of recoupment status. Swift negotiated the non-recoupable provision after Sony's favorable 2015 terms, continuing her decade-long advocacy for artist compensation.
Summary by Glance · E! Online
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