Taylor Swift Contract Includes Spotify Share Compensation
A non-negotiable clause in Taylor Swift's 2018 contract with Universal Music requires the company to compensate its artists if any Spotify shares are sold. The clause ensures that Swift and other artists receive financial due from such transactions.
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Sources · 7 independent
KIRO FM Seattle
“A non-negotiable clause in Swift's 2018 contract with Universal Music stated that if the company sold any Spotify shares, its artists would be compensated.”
KIRO FM Seattle
“if the company sold any Spotify shares, its artists would be compensated.”
KIRO FM Seattle
“if the company sold any Spotify shares, its artists would be compensated. to take effect as UMG prepares to sell about half of its stake in Spotify.”
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