Musicians Blast Spotify CEO For Comments On Royalties

The CEO ― whose net worth is estimated at over $4 billion ― argued in an interview with Music Ally published Thursday that there was a “narrative fallacy” around claims that Spotify’s royalties were too low, saying: “Some artists that used to do well in the past may not do well in this future landscape, where you can’t record music once every three to four years and think that’s going to be enough.” – HuffPost