Taylor Swift’s New (Record) Label

Taylor Swift’s New (Record) Label

Taylor Swift just signed with a new record label, continuing her journey back into the spotlight. When do you think we’ll hear new music?

Coming Soon
Total Votes : 4

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Long gone is the young Taylor Swift we used to know. Swift raised her political voice earlier this year and is now taking on the music industry.

According to Vox, she is moving on from Big Machine Records, which released all her albums up to now, to Universal Music Group’s Republic Records. There are two big specifications Swift has attached to the new contract, as stated by Vox: “First, she will own all her own master recordings from now on.” Second, “if Universal Music Group sells its Spotify shares, the label will distribute some of the money from that sale to all of the artists it represents, ‘non-recoupable,’ meaning it won’t count against their advances.” It is a major commitment from UMG, and they might not have agreed to it without Swift’s involvement.

So, what does this mean for artists? Vox explains, “When an artist signs with a music label, the label advances the artist some of the money it thinks the artist will bring in. Essentially, if an artist signs a $3 million contract, the label is saying, ‘We’re pretty sure you’ll earn $3 million in royalties in your first year of sales, so here’s that money early.’ But that means the artist doesn’t get any more royalty payments until they’ve earned back that $3 million.” However, if a label company sells their Spotify shares, they could either pay their artists or use the money toward their royalty payment. When Sony and Warner Brothers both sold their Spotify shares, Warner Brothers artists received significantly less money because the company used the money toward their royalty payments. Sony artists, on the other hand, received more money because Sony ignored the “unrecouped balances and sent them the money directly.” Swift’s deal ensures that if UMG decides to sell its Spotify shares, the artists will see more profit.

Swift wrote on Tumblr, “As part of my new contract with Universal Music Group, I asked that any sale of their Spotify shares result in a distribution of money to their artists, non-recoupable. They have generously agreed to this, at what they believe will be much better terms than paid out previously by other major labels. I see this as a sign that we are a positive change for creators – a goal I’m never going to stop trying to help achieve, in whatever ways I can.”

With a new record label, there is no reason to doubt that Swift will eventually have new music, but when? She released her last album on Nov. 10, 2017, and we are anxious to hear her new music. Will her new label change the music that we all know and love? Read the full story from Vox here.


Here’s how people on the Zip app are weighing in on this all over the country!

Taylor Swift just signed with a new record label, continuing her journey back into the spotlight. When do you think we’ll hear new music?

Totals
35% Next few months
65% A while longer
Males
27% Next few months
73% A while longer
Females
53% Next few months
47% A while longer

Next few months

A while longer

Taylor Swift’s New (Record) Label


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