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Taylor Swiftโs record contract could lead to millions of dollars being paid to artists as UMG prepares to sell half of their equity stake in Spotify.
When Swift signed her contract in 2018, she negotiated a clause stating that any sale of UMGโs Spotify shares would result in a distribution of money to their artists, non-recoupable.
Her โnon-recoupableโ clause ensures that artists receive that money even if they still owe advances to the label that signed them.
(billboard.com/pro/taylor-swiโฆ)


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They said I couldnโt.
I did it.
And I filmed it.
For the fans.
The Lifetimes Tour: Live From Paris premieres at @Tribeca June 8th. Single tickets available now: tribecafilm.com/films/katy-perโฆ
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Not to brag, well actually I am, but this is my concert and Taylor said, amazed, that we were the audience that sang All Too Well the loudest.
S@Likes_Nothing8
โTaylor needs big productionโ to carry the crowdโฆ okay
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@Likes_Nothing8 I was there ๐ญ๐ญ๐ญ and it was CRAZY how loud everyone was screaming atw
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The secrets out! Canโt wait to celebrate the Hannah Montana 20thย Anniversary special with all of you! March 24 on @DisneyPlus. ๐คซ

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