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Friday, November 14, 2014

#ThankYou @TaylorSwift13 And @Spotify / @ASCAP


Hello boys and girls. This blog post will be updating you guys on a little bit of the industry but that is popping right now. Most of you may or may not know that artist Taylor Swift (keywords: Kanye West snatches mic) is now a multi-million unit moving artist. In a recent effort to balance the equilibrium of Internet airplay versus artist, she pulled her music down from the popular streaming website called Spotify. Most of these streaming websites pay little & too insignificant of an amount of money for each spin for artists to boast. But at the same time, they provided a way for artists to develop their initial fan-base by being able to listen to an entire album from an artist without having to purchase it. At the end of the day, artists & song writers have to be careful what they sign. It is awesome that Taylor Swift has enough creative control to be able to pull her music down from any platform without going through the red tape of a record label. In recent reports Spotify stated that they have paid out over $2 billion in royalties to artists. That is an amazing amount of money. I hope that artists and songwriters can band together in the future for new & higher spin fees / rates for online streaming services. Especially the free ones. There is no doubt a large amount of money being collected to listen to music and from advertising on the Internet with music as a vice. One of the most important things about being an artist is being able to get paid from your titles. I do not take sides on this issue. While I am happy that my band's music is getting publicity on Spotify, I also would like a higher rate of pay from each spin. I see a big push from ASCAP, BMI, and SESAC on this issue in the future. So ultimately, I say thank you Taylor and thank you Spotify. Peace to Jerusalem.
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