Taylor Swift's record label refutes Spotify figures

November 13, 2014 10:59 AM

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Taylor Swift's record label has denied Spotify's claims that the singer was "on track" to make $6m (£3.8m) a year from the music streaming service.

In fact, Swift earned $496,044 (£317,000) in the past 12 months for streams of her songs in the US, Big Machine CEO Scott Borchetta said.