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Taylor Swift Defeats Apple

BACKPEDALING

Will pay royalties during free trial.

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REUTERS/L.E. Baskow

Apple has agreed to pay royalties to artists during a free trial period for its new music streaming service, after Taylor Swift called out the company Sunday and threatened to pull her album 1989. Apple’s Eddy Cue, a lieutenant to CEO Tim Cook, responded to Swift in an announcement that the company would change its policy to pay artists during the three-month free trial period. “We hear you @taylorswift13 and indie artists. Love, Apple,” he posted. Swift quickly responded, “I am elated and relieved,” she tweeted. “Thank you for your words of support today. They listened to us.”

Read it at CNNMoney