Taylor Swift Announces ‘1989 (Taylor’s Version)’ Album Onstage At ‘Eras’ Tour
Introduction
Musician Taylor Swift made a surprise announcement during her Eras tour in Los Angeles, revealing that she will be re-releasing her 2014 album “1989” in October. This will mark the fourth album that Swift has re-recorded as part of her efforts to regain control over her material after the controversial acquisition and sale of her albums by mogul Scooter Braun. The announcement comes as Swift’s Eras tour becomes the biggest tour of the year, with estimates suggesting it could gross over $1 billion in revenue.
Background
Taylor Swift’s journey to regain control of her music began in 2019 when Scooter Braun’s company, Ithaca Holdings, acquired the rights to the master recordings of Swift’s first six albums as part of its acquisition of her former record label Big Machine. Swift described this as her “worst case scenario” and vowed to re-record her music to gain ownership of her catalog. However, the masters were later sold to private equity firm Shamrock Holdings in 2020, further complicating Swift’s quest for control. Despite these setbacks, Swift has persevered and released re-recorded versions of her albums Fearless, Red, and Speak Now.
The Announcement
Swift unveiled the re-release of “1989” during the final night of her Eras tour stop at SoFi Stadium in California. A screen displayed the release date of October 27 before Swift performed her song “New Romantics.” Shortly after, Swift confirmed the news on her social media accounts, expressing her excitement for the album and teasing the inclusion of “From The Vault” tracks that were cut from the original release.
Reclaiming Control and Notable Achievements
By re-recording her albums, Swift aims to reclaim ownership of her music and ensure that she benefits from the commercial success of her work. The re-recorded version of her album “Speak Now” achieved immense success, earning 640,000 album units in its first six days of release and topping the Billboard 200 list. This marked Swift’s 12th album to debut at number one, breaking Barbra Streisand’s record for most chart-topping albums by a female artist. Additionally, Swift became the only woman to have four albums in the top 10 simultaneously since the 1960s.
Financial Impact and Swift’s Net Worth
Swift’s ongoing efforts to regain control of her catalog and re-release her albums have undoubtedly had a significant financial impact. As of June, Forbes estimated Swift’s net worth to be $740 million, making her one of the wealthiest musicians in the world. Additionally, she was ranked as the ninth-highest paid entertainer this year, with an estimated $92 million in income. The successful re-releases of her albums have certainly contributed to her financial success.
What’s Next?
With the upcoming release of “1989 (Taylor’s Version),” Swift is nearing completion of her mission to re-record her entire discography. Once this album is released, only her debut album “Taylor Swift” and her 2017 album “Reputation” remain to be re-recorded. It will be interesting to see how Swift continues her journey to regain control of her music and what new projects and ventures she will pursue in the future.
Conclusion
Taylor Swift’s announcement of the re-release of her album “1989 (Taylor’s Version)” is a significant step in her ongoing efforts to regain control over her music. It not only allows her to reclaim ownership of her catalog but also demonstrates her determination and resilience as an artist. Swift’s success in re-recording and re-releasing her albums highlights the power of artists to control their artistic creations and serves as a reminder of the importance of maintaining control and ownership in the music industry. As fans eagerly await the release of “1989 (Taylor’s Version),” they can anticipate a fresh take on Swift’s iconic album that will undoubtedly resonate with both new and longtime listeners.
<< photo by JEEVANSHI GUPTA >>
The image is for illustrative purposes only and does not depict the actual situation.
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