Taylor Swift Says 'Nyet' To Spotify
November 3, 2014 at 2:02 PM (PT)
On the same day TAYLOR SWIFT announced plans for a world tour in support of her new “1989” album and hours before expected record-setting sales figures for her latest project are due, BIG MACHINE RECORDS instructed SPOTIFY to remove her entire catalog from its subscription streaming service.
BIG MACHINE Pres./CEO SCOTT BORCHETTA has long been a vocal critic of streaming services such as SPOTIFY, saying on more than one occasion, to different publications – including the NEW YORK TIMES -- the streaming business model is, “A race to the bottom.”
That stance appears to be in sync with SWIFT, who penned a JULY op-ed piece in the WALL STREET JOURNAL in which she stated, “Music is art, and art is important and rare. Important, rare things are valuable. Valuable things should be paid for. It’s my opinion that music should not be free.”
In response to BIG MACHINE’s directive, SPOTIFY posted a statement, part of which includes, “We hope she’ll change her mind and join us in building a new music economy that works for everyone. We believe fans should be able to listen to music wherever and whenever they want, and that artists have an absolute right to be paid for their work and protected from piracy. That’s why we pay nearly 70% of our revenue back to the music community.
“PS – TAYLOR, we were both young when we first saw you, but now there’s more than 40 million of us who want you to stay, stay, stay. It’s a love story, baby, just say, Yes.”