Online Music Streaming and Taylor Swift's Bold Statement of Intent
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Taylor Swift Calls Spotify a 'Grand Experiment'

Taylor Swift Calls Spotify a 'Grand Experiment' | Online Music Streaming and Taylor Swift's Bold Statement of Intent | Scoop.it
Taylor Swift's "1989" set a record by selling 1.287 million albums in a single week, but she also caused controversy by refusing to stream the album on Spotify, and pulling her music off the service entirely.
Now, she's explaining the thinking behind that decision.
"All I can say is that music...
Daniel Lovell's insight:

 This is a reliable source of information, as it's coming from the ABC News website; this is considered to be a reputable information source. It was published on the 7th November, making it an up to date source of information. Taylor Swift talks about how she feels artist should be paid fairly for the work they create. She goes on to mention how Spotify wasn't meeting up to these standards of fairly compensating the artists for the work they give to be streamed by these sites.

 

Experts underestimated her predicted album sales for the first week by saying that she would only sell 700,000 copies, however, her album sale actually superseded the experts expectations by 587,000. She almost doubled their prediction by selling 1,287,000 copies in the first week. In my opinion her decision to pull her music from Spotify made her fans go out and buy the album; thus helping make more sale, which also brought in more money compared to how much money she would have made from Spotify.

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Taylor Swift's '1989' has biggest sales week since 2002

Taylor Swift's '1989' has biggest sales week since 2002 | Online Music Streaming and Taylor Swift's Bold Statement of Intent | Scoop.it
It's official. Taylor Swift's new album has had the largest sales week since 2002, according to Billboard.
Daniel Lovell's insight:

Lisa Respers France, from CNN, writes this article. This is a trust worthy news source for information. It was published on the 6th of November 2014, which makes it a relevant article. The article shows that there is still money to be made from only CD sales and digital downloads. Taylor Swift's new album has had the biggest sales week since 2002 and is the first album to have gone platinum this year. I added this to my 'Scoop. It’ page as this could signal a change in the way artists sell their music. It could encourage other artists to follow Taylor Swift's example, especially if the artist continues to get paid low royalty fees.

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Uncoupling from Spotify pays off for Coldplay as new album shifts 106k

Uncoupling from Spotify pays off for Coldplay as new album shifts 106k | Online Music Streaming and Taylor Swift's Bold Statement of Intent | Scoop.it
Ghost Stories, which documents Chris Martin's 'conscious uncoupling' from Gwyneth Paltrow, has become the fastest-selling UK album of the year.
Daniel Lovell's insight:

This article has been taken from a reliable source. It is from the Daily Mail Online, which is an English newspaper. It is an up to date source of information, as it was published on the 22nd of May 2014. Steph Cockroft, who has written 505 articles for the Daily Mail, is the writer of this article. The article shows that withholding your music from online streaming services can be beneficial for the artist. Cold Play managed to sell 106,00 copies in two days, with their album becoming the fastest selling UK album this year. Cold Play weren't the only ones to achieve success from withholding their music from online streaming sites. Beyoncé’s latest album 'Beyoncé' out sold her previous album '4' in the space of 4 weeks. Her latest album debuted at No.1, with 617,000 copies sold within the first 3 days of its first week. This information was gathered from the official Billboard website.

 

I am adding this topic to my 'Scoop. it 'page, as it shows there is still money to be made from digital downloads, which is a more profitable avenue for the artist.

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Aloe Blacc: Streaming Services Need to Pay Songwriters Fairly | WIRED

Aloe Blacc: Streaming Services Need to Pay Songwriters Fairly | WIRED | Online Music Streaming and Taylor Swift's Bold Statement of Intent | Scoop.it
Taylor Swift was right to leave Spotify. We must update America's antiquated music licensing system.
Daniel Lovell's insight:

This article is a reliable source of information as it is a primary resource; It is written by Aloe Blacc who is a singer/ songwriter in today's music industry. He gives his view on streaming services, echoing the same thoughts as Taylor Swift. I am adding this to my 'Scoop. It!' page because it gives further evidence that artists and songwriters are not happy with the way the online streaming platforms operate. Aloe Blacc says, "I, for one, can non longer stand on the sidelines and watch as the vast majority of song writers are left out in the cold". If he has these thoughts then you can be sure that other artists feel the same way too.

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Streaming Isn't Saving the Music Industry After All, Data Shows... - Digital Music News

Streaming Isn't Saving the Music Industry After All, Data Shows... - Digital Music News | Online Music Streaming and Taylor Swift's Bold Statement of Intent | Scoop.it
(source: RIAA) Yes, streaming is reversing recording industry declines… in countries like Sweden and Norway.  But it’s still not happening in the largest music markets,...
Daniel Lovell's insight:

 

The data displayed in this article contains figures released by the RIAA, which is a reliable source. The founder of Digital Music News Paul Resnikoff writes this article, which contains up to date information with the article being published on the 26th of June 2014; this makes it a relevant article. The information taken from the RIAA clearly shows the decline in CD sales between 2003 and 2013, but it also shows that on-demand streaming and paid subscriptions services are not having a major impact financially on the music industry. The consumers who use online streaming sites are less likely to buy CD's or download albums. Some online streaming sites allow people to use their website to stream music without having a paid subscription. Artists are not making enough money from this method, so you can start to see a chain of events that could hinder the music industry from growing. The artist will be less supportive of putting their music on these websites because of the low income for their own pockets, but the artist might be hindered by the fact that most people use online streaming sites and tend not to buy CD's and download albums anymore.

 

I've decided to add this article to my Scoop it page as it consists of visual data and facts showing the current state of the music industry.

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