em 💌💘

it's very niche but the girlies get it

Universal Music is selling $1.4 billion in Spotify shares. It paid nothing for them. Spotify handed the shares over in 2008 just for letting Spotify play music, and the deal was set up so almost none of that money would ever reach the artists who made the music. Taylor Swift's 2018 contract changed that. Back in 2008, Spotify was a small Swedish startup that needed songs to play. The big record labels had the songs. They had no reason to hand them over cheap, so the two sides cut a deal. Spotify gave them shares. The labels gave Spotify the right to play their music. Universal walked away with 5%. That stake later grew to 7% when Universal bought EMI and rolled EMI's 2% into its own. Then it drifted back to 3% as Spotify took on more investors and shrank everyone's slice. At today's prices, 3% of Spotify is worth about $2.7 billion. Universal sat on those shares for 18 years and never sold a single one. Until yesterday. Most artists never see royalty money. When a label signs you, it pays you an advance to live on while you make the album. It also covers your studio time, your music videos, your marketing, your tour. All of those costs go on a tab. The label keeps every dollar your music earns until you clear that tab. Berklee, the music school in Boston, says as many as 96% of major-label artists never earn enough to clear it. They stay in the red their entire careers. Sony moved first in 2018. It sold half its Spotify shares for $768 million and paid $250 million directly to its artists in cash, no matter how much each one still owed. Warner followed a few months later. It sold all of its Spotify shares for $504 million and said $126 million would go to its artists too. Warner played it differently. Most of that money went to pay down what those artists already owed, instead of putting fresh cash in their pockets. Taylor Swift was negotiating her own deal with Universal that same year. She refused to sign unless Universal put the Sony version of the rule in her contract. Cash to artists, no matter what they owed. She wrote at the time that the clause "meant more to me than any other deal point." Universal had said publicly in March 2018 it would share Spotify money with artists. But it had not put the cash-not-credit rule in writing. Swift's contract, signed eight months later, did. Universal is finally selling. Hundreds of millions of dollars in cash are about to land in artists' bank accounts, including artists who have spent years or decades in the red and would otherwise get nothing from a sale like this. Most of those artists have never met Taylor Swift. All of them benefit from a single line she insisted on eight years ago.

btw she is receiving more hate than chris brown(a known abuser) who just announced an album, with just a countdown

them not having any lower bowl for any date is so full of shit lmfao 😭

30 greatest living american songwriters: the taylor swift interview by the new york times magazine, 2026

incredible day for art but I need people to lock in. no messing around. icons ONLY

harry styles is someone's fiance

No amount of words can convey how far behind this country will be in every avenue for a number of years because of this administration and everyone associated with them with stuff like this happening.

oh its for REAL real

“am i gonna get refunded the difference since i paid $700 for lower bowl” and what if i said you’re part of the problem

Plot twist the scammer was Ticketmaster itself because none of those tickets were $50-130 ever

thanks for the PSA — virginians you know what to do!!!!!

Punishing homeless children to show the world he is a better Christian than the Pope

THERES A GENOCIDE HAPPENING IN LEBANON RIGHT NOW!!!!!!!

The President of the United States is threatening to commit war crimes and wipe out a "whole civilization" — all because he started a disastrous war of his own making and had no plan and no strategy for how to end it. This is abhorrent, and the American people do not support this. Trump's recklessness is needlessly putting our brave service members in harm's way, destroying America's global standing, and making life even more unaffordable for the American people. We must all stand against this and oppose funding this illegal war of choice.

This is a threat of genocide and merits removal from office. The President’s mental faculties are collapsing and cannot be trusted. To every individual in the President’s chain of command: You have a duty to refuse illegal orders. That includes carrying out this threat.

I’m so sick of people saying, “He can’t just DO THAT,” while we all watch him do it anyway. Every. Fucking. Goddamn. Day.

i do not care if Trump's comments result in nothing tonight. no one who even thinks of saying the phrase "a whole civilization will die tonight, never to be brought back again" should be allowed to operate an ice cream stand, nevermind the most powerful office on the planet

75,017,613 of us didn't vote for this, btw. we knew this would happen. & now we have to live with the consequences of you and your fuck ass leader who tweeted out a threat for bombing an "entire civilization" for generations.

and if i say everyone who bought tickets shouldn’t get a refund

The funny thing about this character is she represents most of you, like this site is 80% people who think they’re in a position to morally judge others and throw the first stone, when they’re actually the people with the most anger and hate in their heart