Spotify CEO speaks out on Taylor Swift albums removal: 'I'm really frustrated'

http://www.theguardian.com/technology/2014/nov/11/spotify-ceo-taylor-swift-albums-daniel-ek

This was about the CEO of Spotify making his first comment about the Taylor Swift situation.

• Spotify chief executive Daniel Ek has responded to Taylor Swift’s decision to remove her albums from the streaming service with a blog post tackling what he describes as the “myths” of streaming music.
• In his post, Ek announced that Spotify now has 50 million active users, with 12.5 million of them paying for a monthly subscription.
• He added that Spotify has now paid out more than $2bn in royalties to labels and publishers.
• Ek also defended Spotify’s “blend” of free and subscription music, with Swift having removed her albums because the company refused to only make them available to its paying subscribers.
• Ek also claimed that a top artist like Taylor Swift can expect to earn $6 a year from Spotify streams

I think what Taylor Swift and her label did was not clever.They were making a lot of money out of this online streaming system and if they don't like that - well they have too because thats were the music industry has gone to now.