Showing posts with label 1989. Show all posts
Showing posts with label 1989. Show all posts

Tuesday, December 2, 2014

Taylor Swift Net Worth in 2014

There's no doubt that Taylor Swift is a bonafide superstar. She's one of the music industry's biggest acts which has allowed her to amass a fortune based on her album sales and concert tours alone. But her squeaky clean image has also made her a commodity for brands look to associate themselves with the family friendly star. On top of that, Taylor has also successfully invested in real estate to grow her net worth to close to $200 million dollars. Record Sales Since she debuted in 2006, Taylor has sold approximately $40 million in album sales. This doesn't include her most recent release which has been a MASSIVE success. But strangely enough, this sum pales in comparison to her concert earnings. Ticket Sales Taylor is a hot commodity and if you need further proof of this then look no further than ticket sales to her concerts. Since she began touring, Taylor's concerts have racked up an amazing $400 million dollars! Almost a half billion dollars! Her crossover from the country scene to the pop scene made tickets to her show a must have when she came to your town. Endorsements As we mentioned above, Taylor's wholesome image and good looks have made her an extremely popular target for companies wishing to have her endorse their products. As a result, she has signed endorsement deals with Cover Girl, Target, Sony, Diet Coke, Keds and American Greetings. All toll her sponsorships look to have amounted to close to $30 million over the course of her career. Real Estate As I'm writing this, Taylor almost has too many houses to count. She's purchased a condo in Nashville as well as a $2.5 million estate for her parents in the same city. She also purchased a $4 million place in Beverly Hills. But her biggest splash of all was the $17 million she spent on a waterfront mansion in Rhode Island. When considering her share of these earnings and what she has likely paid in taxes, Forbes puts the estimate of her net worth at around $200 million. Not bad for a woman who will only turn 25 in 10 days.

Wednesday, November 12, 2014

What does Taylor Swift have against Spotify?

You may have recently noticed that Taylor Swift's entire new album, 1989, is nowhere to be found on Spotify.

This wasn't just an error or ommission, but it was actually Taylor's team that requested her album be yanked from the service. The reason for this according to her record label is that she didn't want to embarrass any of her fans who legally purchased it. In the week her album was released, she sold 1.3 million copies, so there were lots of fans that she was trying to protect from being embarrassed.

She reasoned that no "superfan" who purchased her album should be embarrassed by being asked why they would purchase an album when they can just listen to it for free on Spotify.

Indirectly though, it may be a warning to streaming music services that their business model isn't being fair to artists. An artist like Swift can generate millions of listens to any of her songs, but the artists are generally compensated in the vicinity of between $0.006 and $0.0084 per song streamed according to a Rolling Stone article. Doesn't add to much.

Other artists have called out these services in the past and Taylor is just the next in what will become an even lengthier line in months to come.