I literally hate what happened to her and it's just cheap, isn't it? Like Taylor wrote that song, put her hard work into it but she owned not even a part of it? I'm so glad that she is out of that shitty record label now.. And as Barbara Walters said, "Taylor Swift IS the music industry."
@maitreyeeasatkar9760
2 жыл бұрын
Cheapsters gotta trick;that's what they are there for. No wonder what she faced. Being a woman in men's world was never easy, with it holding a position so top was the price she had paid. Roller coaster of struggles. TBH.
@Violet3162 жыл бұрын
She was offered her masters back one for every new album she put out, that was what she was offered. That is why she left Big Machine, and then Scooter swooped in and bought her first 6 albums for $300 million, he has since sold them but may have some percentage from them, not sure.
@talhaslam4657
2 жыл бұрын
Super interesting! I’m trying to follow where the industry is headed
@jessiediaz9536
2 жыл бұрын
not to mentioned she had to sign an NDA to not say anything bad about scooter.. shady
@cherylreinell857
2 жыл бұрын
It was a slave deal.
@Starbuck-dr7yl
2 жыл бұрын
@@jessiediaz9536 she didn't have to sign an NDA. She tried to purchase them from Scooter who wouldn't even give her a price unless she signed a NDA, which she refused to do based on her lawyers recommendations. so, no she never signed an NDA. His asking her to do so before he would give her a price, was shady.
@Starbuck-dr7yl2 жыл бұрын
Yea, she tried to buy them. Here's the tea. She signed with big machine records and was their only signee at the time, first and only, and they had no money because Big Machine records was a fledgling company. After 15 years with this small label, as you can imagine a fledgling label signing Taylor Swift and how much money they made, at the end she accounted for 80% of their revenue stream. The label was not worth anything without her masters. So, she was contractually allowed to purchase them, but the label, knowing the label would be worth next to nothing without them, tried to get her to keep making music for them in exchange 1 back album for every new album she put out. So, she never would own her masters under that scenario. So, not being allowed to purchase them for real, and her contract was up, she signed with UMG that allowed her ownership of her masters for all albums going forward. But, big machine wanted to dump the company and sold the company, along with her masters, for 300+ million, instead of allowing her to purchase them. So, after all the hundreds of millions she had made Big Machine over the years, they wouldn't sell to her because they wanted more and were a bit pissed that she left them for UMG. BUT, it was Scooter who he sold to. Scooter didn't have the money, he had to raise the money from venture capitalists to buy it after bullying her for a decade. Then, he only kept the masters for a year or so before he dumped her catalog to Shamrock Capital, a private equity firm. And, didn't allow her to purchase it either and required Shamrock sign a NDA to not speak to her during the deal. They wanted to reach out to her, but Scooter would not allow it until the deal was done. Once again selling her masters out from under her. But, he still generates revenue in their contract, which is the only reason why Taylor refused to work with Shamrock and told them if the time comes when they cut ties with Scooter, to give her a call. Anyway, Big Machine label, that Scooter bought, still exists with artists that Scooter bought when he bought the label. I believe he just sold Ithaca Holdings but I'm not sure if Big Machine stayed or was sold too. THAT I do not know. Doesn't matter because Big Machine does not own her masters any longer, nor does Scooter.
@jessiediaz95362 жыл бұрын
yes the contract says the label owns the masters but there's a clause stating the artist should have the chance to buy their masters back which she was denied to
@chuakooleenashley3282
2 жыл бұрын
she didn't denied, they gave her an offer that she can own each masters by putting another album again. 1 album = 1 masters so she have to release another 6 albums under bmr. it's common sense, why would she denied to own what she worked hard for?
@pamela483
2 жыл бұрын
@Kooleen Chua she was denied, what you’re talking abt is the “alternative” that they gave her. which was a trap to keep her on BMR, bc they’re nothing without Taylor. Let’s say that she accepted, and she recorded 6 new albums for BMR, and for those albums, she was allowed to buy her masters and owned the rights to her old music. but then, what happens with the new 6 albums that she just did ? they’re under BMR, so she needs to record 6 more to own them. and so it goes. they knew what they were doing when this was put on the table. they just wanted to tie her down to the label, so she didn’t had a choice but to stay. tbh i think that they didn’t thought that taylor would re-record all of her music even tho she’s legally allowed to, bc it’s a lot. but taylor was smart enough, gotta respect her.
@TheNraveles
2 жыл бұрын
@@chuakooleenashley3282 that’s a slave deal. The 6 new albums would be under BMR and she wouldn’t own them, so she would have to do another 6 for those, then another 6, then another, it’s just a cycle. It was a way to trap her and she was smart not to do it
@afiefswift54032 жыл бұрын
That's a shady move. Btw It's not happen only in music. This kinda deal also ran in the book industry. I'm a writer myself, it's sad to see the art that I created is under some company's hand. I read the contract and it stated clearly that I'd never own the master. But well if I didn't sign the contract then I'd never make the same revenue or probably my stuff can never be sold. So yeah Queen I did feel your pain.
@hexhartley35482 жыл бұрын
he's so handsome ❤
@cantbleednow36392 жыл бұрын
They used her and discarded her! She is the reason that record label exists! She accounted for 80% of that labels income.
@Theodore66772 жыл бұрын
"youre a cook" XD
@SivaKumar-pf3ze2 жыл бұрын
So what happens to the original she recorded when she releases her own version? Taylor should own her own recording company
@TheNraveles
2 жыл бұрын
Those old recording still exist but her fans/us are not going to stream it and 99% of media companies will use the Taylor’s version instead of the original, so the old versions will just sit there, making at most a few bucks a month
@pipjaucian40742 жыл бұрын
Movie name please
@VRIceblast
2 жыл бұрын
Willy Wonka and the chocolate factory
@SivaKumar-pf3ze2 жыл бұрын
Roughly how much Taylor earns for every unit sale of her albums?
@Starbuck-dr7yl
2 жыл бұрын
previously not much. Songwriters usually get 6%, and then there is the performance in there too. So, I would say 15% total of her past catalog. Of what she owns now? Closer to 80-85% I would expect. Lets do some estimating based just on streaming royalties. First, Spotify pays $0.004 per stream, but this is divided many ways. Lets start and estimate that 250 streams make $1.00. 1. Master Recording owners, so her old label Big Machine records, would take 58%, or $0.58, of that $1.00 earned and therefore, lets say Taylor made 16% revenue, so 9.32cents. 2. Spotify (or other streaming agency) keeps a percentage too, Spotify keeps approx 30%, or $0.30 of that $1.00 earned. 12cents remain. 3. Publishers and Performance is then split from the remaining 12cents of that $1.00. 50% is 6cents each. 3a. Publishers pay the songwriters and take usually approx 12% from that 6cents, which leaves 5.25cents for every $1.00. Taylor is the songwriter so she would get 5.25cents per stream. BUT, she may often have a cowriter, and thus the songwriting revenue would be split. Lets say the original All Too Well, her co-writer is Liz Rose. The 5.25cents for songwriters would be split 50% (assuming it is a 50% split) and thus taylor would get 2.625cents per $1. 3b. Performance goes through agencies such as BMI and ASCAP that take approx 18% of their 6cents., which leaves just under 5cents. 50% goes to the writers and 50% goes to the publishers. lets say 6cents. If we add all this up for $1.00 earned, lets say 20cents as a rough high estimate. If she has cowriters, that will decrease. So out of 250 streams, approximately, Taylor made less than 20cents. so, on 12/22/2021 her song Enchanted was streamed over 800,000 streams from just Spotify. Lets see how much she made on that one song on that one day. She is sole songwriter of Enchanted. Needing approx 250 streams to make $1, thats $3600 of which Taylor would made approx 20cents per dollar. So of the $3600 revenue, Taylor only made $640. However, lets do 12/26/2021 total Spotify streams of 26Million. Knowing she owns some, but lets just say she doesn't own these. That;s 104,000 dollars of which she made 20cents per dollar. Or 20K dollars from Spotify on 12/26/2021. From these calculations, she would make a minimum from Spotify around 7.6 million dollars a year. Just on Spotify. And that number would be a lot higher because she owns now 5 albums, so her revenue from those would triple.
@keaneangelo2 жыл бұрын
Too much editing 👎👎👎👎👎
@SierraMiles2 жыл бұрын
Thanks for sharing. Like cover songs? If you have a second, I just posted an acoustic cover of Sia. As a fellow music fan, I'd love if you'd check it out. It's on my page. Hope you enjoy!
Пікірлер: 24
I literally hate what happened to her and it's just cheap, isn't it? Like Taylor wrote that song, put her hard work into it but she owned not even a part of it? I'm so glad that she is out of that shitty record label now.. And as Barbara Walters said, "Taylor Swift IS the music industry."
@maitreyeeasatkar9760
2 жыл бұрын
Cheapsters gotta trick;that's what they are there for. No wonder what she faced. Being a woman in men's world was never easy, with it holding a position so top was the price she had paid. Roller coaster of struggles. TBH.
She was offered her masters back one for every new album she put out, that was what she was offered. That is why she left Big Machine, and then Scooter swooped in and bought her first 6 albums for $300 million, he has since sold them but may have some percentage from them, not sure.
@talhaslam4657
2 жыл бұрын
Super interesting! I’m trying to follow where the industry is headed
@jessiediaz9536
2 жыл бұрын
not to mentioned she had to sign an NDA to not say anything bad about scooter.. shady
@cherylreinell857
2 жыл бұрын
It was a slave deal.
@Starbuck-dr7yl
2 жыл бұрын
@@jessiediaz9536 she didn't have to sign an NDA. She tried to purchase them from Scooter who wouldn't even give her a price unless she signed a NDA, which she refused to do based on her lawyers recommendations. so, no she never signed an NDA. His asking her to do so before he would give her a price, was shady.
Yea, she tried to buy them. Here's the tea. She signed with big machine records and was their only signee at the time, first and only, and they had no money because Big Machine records was a fledgling company. After 15 years with this small label, as you can imagine a fledgling label signing Taylor Swift and how much money they made, at the end she accounted for 80% of their revenue stream. The label was not worth anything without her masters. So, she was contractually allowed to purchase them, but the label, knowing the label would be worth next to nothing without them, tried to get her to keep making music for them in exchange 1 back album for every new album she put out. So, she never would own her masters under that scenario. So, not being allowed to purchase them for real, and her contract was up, she signed with UMG that allowed her ownership of her masters for all albums going forward. But, big machine wanted to dump the company and sold the company, along with her masters, for 300+ million, instead of allowing her to purchase them. So, after all the hundreds of millions she had made Big Machine over the years, they wouldn't sell to her because they wanted more and were a bit pissed that she left them for UMG. BUT, it was Scooter who he sold to. Scooter didn't have the money, he had to raise the money from venture capitalists to buy it after bullying her for a decade. Then, he only kept the masters for a year or so before he dumped her catalog to Shamrock Capital, a private equity firm. And, didn't allow her to purchase it either and required Shamrock sign a NDA to not speak to her during the deal. They wanted to reach out to her, but Scooter would not allow it until the deal was done. Once again selling her masters out from under her. But, he still generates revenue in their contract, which is the only reason why Taylor refused to work with Shamrock and told them if the time comes when they cut ties with Scooter, to give her a call. Anyway, Big Machine label, that Scooter bought, still exists with artists that Scooter bought when he bought the label. I believe he just sold Ithaca Holdings but I'm not sure if Big Machine stayed or was sold too. THAT I do not know. Doesn't matter because Big Machine does not own her masters any longer, nor does Scooter.
yes the contract says the label owns the masters but there's a clause stating the artist should have the chance to buy their masters back which she was denied to
@chuakooleenashley3282
2 жыл бұрын
she didn't denied, they gave her an offer that she can own each masters by putting another album again. 1 album = 1 masters so she have to release another 6 albums under bmr. it's common sense, why would she denied to own what she worked hard for?
@pamela483
2 жыл бұрын
@Kooleen Chua she was denied, what you’re talking abt is the “alternative” that they gave her. which was a trap to keep her on BMR, bc they’re nothing without Taylor. Let’s say that she accepted, and she recorded 6 new albums for BMR, and for those albums, she was allowed to buy her masters and owned the rights to her old music. but then, what happens with the new 6 albums that she just did ? they’re under BMR, so she needs to record 6 more to own them. and so it goes. they knew what they were doing when this was put on the table. they just wanted to tie her down to the label, so she didn’t had a choice but to stay. tbh i think that they didn’t thought that taylor would re-record all of her music even tho she’s legally allowed to, bc it’s a lot. but taylor was smart enough, gotta respect her.
@TheNraveles
2 жыл бұрын
@@chuakooleenashley3282 that’s a slave deal. The 6 new albums would be under BMR and she wouldn’t own them, so she would have to do another 6 for those, then another 6, then another, it’s just a cycle. It was a way to trap her and she was smart not to do it
That's a shady move. Btw It's not happen only in music. This kinda deal also ran in the book industry. I'm a writer myself, it's sad to see the art that I created is under some company's hand. I read the contract and it stated clearly that I'd never own the master. But well if I didn't sign the contract then I'd never make the same revenue or probably my stuff can never be sold. So yeah Queen I did feel your pain.
he's so handsome ❤
They used her and discarded her! She is the reason that record label exists! She accounted for 80% of that labels income.
"youre a cook" XD
So what happens to the original she recorded when she releases her own version? Taylor should own her own recording company
@TheNraveles
2 жыл бұрын
Those old recording still exist but her fans/us are not going to stream it and 99% of media companies will use the Taylor’s version instead of the original, so the old versions will just sit there, making at most a few bucks a month
Movie name please
@VRIceblast
2 жыл бұрын
Willy Wonka and the chocolate factory
Roughly how much Taylor earns for every unit sale of her albums?
@Starbuck-dr7yl
2 жыл бұрын
previously not much. Songwriters usually get 6%, and then there is the performance in there too. So, I would say 15% total of her past catalog. Of what she owns now? Closer to 80-85% I would expect. Lets do some estimating based just on streaming royalties. First, Spotify pays $0.004 per stream, but this is divided many ways. Lets start and estimate that 250 streams make $1.00. 1. Master Recording owners, so her old label Big Machine records, would take 58%, or $0.58, of that $1.00 earned and therefore, lets say Taylor made 16% revenue, so 9.32cents. 2. Spotify (or other streaming agency) keeps a percentage too, Spotify keeps approx 30%, or $0.30 of that $1.00 earned. 12cents remain. 3. Publishers and Performance is then split from the remaining 12cents of that $1.00. 50% is 6cents each. 3a. Publishers pay the songwriters and take usually approx 12% from that 6cents, which leaves 5.25cents for every $1.00. Taylor is the songwriter so she would get 5.25cents per stream. BUT, she may often have a cowriter, and thus the songwriting revenue would be split. Lets say the original All Too Well, her co-writer is Liz Rose. The 5.25cents for songwriters would be split 50% (assuming it is a 50% split) and thus taylor would get 2.625cents per $1. 3b. Performance goes through agencies such as BMI and ASCAP that take approx 18% of their 6cents., which leaves just under 5cents. 50% goes to the writers and 50% goes to the publishers. lets say 6cents. If we add all this up for $1.00 earned, lets say 20cents as a rough high estimate. If she has cowriters, that will decrease. So out of 250 streams, approximately, Taylor made less than 20cents. so, on 12/22/2021 her song Enchanted was streamed over 800,000 streams from just Spotify. Lets see how much she made on that one song on that one day. She is sole songwriter of Enchanted. Needing approx 250 streams to make $1, thats $3600 of which Taylor would made approx 20cents per dollar. So of the $3600 revenue, Taylor only made $640. However, lets do 12/26/2021 total Spotify streams of 26Million. Knowing she owns some, but lets just say she doesn't own these. That;s 104,000 dollars of which she made 20cents per dollar. Or 20K dollars from Spotify on 12/26/2021. From these calculations, she would make a minimum from Spotify around 7.6 million dollars a year. Just on Spotify. And that number would be a lot higher because she owns now 5 albums, so her revenue from those would triple.
Too much editing 👎👎👎👎👎
Thanks for sharing. Like cover songs? If you have a second, I just posted an acoustic cover of Sia. As a fellow music fan, I'd love if you'd check it out. It's on my page. Hope you enjoy!