Taylor Swift is expected to earn more money on Spotify than any other artist

economictimes.indiatimes.com:

Taylor Swift has surpassed her fellow musicians in 2023 in a number of areas. She also achieved a significant milestone earlier this week when she was voted Spotify's top-streamed artist of 2023.

Swift has surpassed artists including three-time champion Bad Bunny, The Weeknd, Drake, and Peso Pluma with 26.1 billion global listens on Spotify since January 1, according to the company's annual year-end Wrapped report, which was released on Wednesday, Nov.

29. Given the continued success of her late-2022 album Midnights and two chart-topping re-recordings, Speak Now (Taylor's Version) and 1989 (Taylor's Version), the latter of which amassed an incredible 375.49 million on-demand official streams in its first week, this wasn't exactly surprising.

Swift has had the best year of any artist on Spotify, which has been around for 15 years and continues to add new users every year.

In contrast, Bad Bunny had 18.5 billion streams in 2022, 9.1 billion in 2021, and 8.3 billion streams in 2020 when he was named the top Wrapped artist for the previous three years.

The recorded music royalties attributed to Swift's 26.1 billion streaming come to approximately $97 million. By the end of the year, Swift's music can make roughly $131 million on Spotify
It is noteworthy that Swift probably keeps the majority of this money.

She kept master rights to all of her future music in her 2018 contract with Republic Records and Universal Music Group. This covers the songs from her four previously released re-recorded Taylor's Version albums: 1989, Fearless, Red, and Speak Now.

That re-recording project has performed above probably even Swift's wildest expectations. It was notably started after her previous label, Big Machine Records, was acquired