U2's Bono leapt to Spotify's defense on Friday — putting him directly at odds with Taylor Swift, who pulled her songs from the streaming service on Nov. 3 over a beef about the size of its royalty payments.
"When people pick on Spotify — Spotify [is] giving up 70 percent of all their revenues to rights owners," said Bono, speaking at a Web summit in Dublin.
"It's just that people don't know where the money is because the record labels haven't been transparent," the rocker said.
His comments come just days after top-selling songbird Swift pulled her entire catalog from the No. 1 streamer.
"I'm not willing to contribute my life's work to an experiment that I don't feel fairly compensates the creators of this music," Swift told Yahoo!
According to music blogger The-Trichordist, who campaigns for fair streaming rates, Spotify pays 5 cents per 100 streams.
Swift's move is creating ripples across the music business, with sources telling The Post that other top-40 and country artists are in discussions with labels about replicating Swift's move.
Swift has become the face of an expanding move against free, ad-supported on-demand music services. Her music remains on demand at other outlets Rdio and Rhapsody.
As The Post previously reported, Apple's Jimmy Iovine is also persuading artists against providing support to more free music.
"The real enemy is not between digital downloads or streaming, the real enemy, the real fight is between opacity and transparency," said Bono, who also apologized to iTunes users for the give-away which proved an annoyance to some.
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