The royalty rights werent necessarily better, and it just depends on the structure of any given persons deal, but things were much more assured. Did it seem like the future? Many fans sat in the Ticketmaster queue for hours waiting to get Swift tickets. Taylor Swift's Eras Tour is on track to sell $591 million in tickets leaving Ticketmaster with a relative pittance and buckets of bad PR . We have seen the massive devaluation of Netflix. In 2014, she removed her entire back catalog of music from Spotify. Your Spotify or Apple Music monthly fee is cheaper than Netflix, HBO Max, or whatever else, and you get more. She said she's "trying to figure out how the situation can be improved moving forward. As we go through this chronology from the CD era until now, that is the inversion that Taylor Swift and every other artist has had to either navigate through or get destroyed by. We have settled the most important debate: Is David Hasselhoff rich in Germany? "We apologized for the difficulties you may have experienced, and have been asked by Taylor's team to create this additional opportunity for you to purchase tickets.". So not all the music, but effectively. Swift said she hopes that she can provide more opportunities in the future for all of her fans who weren't able to get tickets to the tour. Its long gone. The singer commented on the issue on her Instagram story on Friday, saying that . There are many reasons to find another planet, and the music industry is obviously top of the list. Youre already worth a trillion dollars. I did everything the way they asked. No, no, no. However, Maffei defended the Live Nation and Ticketmaster merger. She has voiced concern about digital music and streaming for over a decade, and she has taken some very important actions to show herself as an underdog being exploited by big tech companies that just want to take all the money. I have always found those models to be a bit optimistic, because most other countries do not look like the GDP of the United States, where many of these tech companies get founded though obviously Spotify was founded in Sweden. All fans receiving this opportunity were notified via email on Monday, December 12. Music is an art creation business, a content creation business. Now before we completely turned to streaming, the revenue model for touring and all the other stuff that artists did was inverted at that time. That is a huge part of why Apple is betting on Atmos. I was a verified fan. For some of us, they even created tools that would help you export your music, so that you could grab your entire MP3 library and all your ripped CDs and carry them with you. "It's really difficult for me to trust an outside entity with these relationships and loyalties, and excruciating for me to just watch mistakes happen with no recourse. You have to find another planet, for other reasons too, unfortunately. All those folks who had secured really great deals and contracts, and who were making lots of money, were very upset by the piracy that started to take place around 2000. The tour is set to kick off in Arizona in March and wrap up in Los Angeles in August. Its all the best stuff. So, yeah, its no wonder. Now theyre an audio company. Get browser notifications for breaking news, live events, and exclusive reporting. Yeah, major sigh. ", Senators Amy Klobuchar and Mike Lee announced that a U.S. Senate antitrust panel will hold a hearing "to examine the lack of competition in the ticketing industry. ", Swift said Friday that the controversy occurred because of a "multitude of reasons," and suggested that the blame for the situation falls on Ticketmaster. If youre the biggest artist in Germany, you should still be rich, even if your share of listening minutes is not. "It's truly amazing that 2.4 million people got tickets, but it really pisses me off that a lot of them feel like they went through several bear attacks to get them.". I think that in continuing to connect with fandoms, there is always going to be a world of people making music and playing music for people because we love human connection. "We strive to make ticket buying as easy as possible for fans, but that hasn't been the case for many people trying to buy tickets for Taylor Swift | The Eras Tour," Ticketmaster began in the statement. They are certainly desperate and in need of something at this point. The queue for those tickets, initially reserved for both Taylor . The one place of hope that I see is that the value of most digital products at this moment, the NFTs, has declined so much. There was maybe a simplicity, a clarity, to how the business worked. Section 240 Row 15 Seats 22-25 Transfer from Ticketmaster electronically upon payment : tickets are in hand. The mega ticket marketplace has apologized but its not enough for these diehard Swifties, who are claiming Ticketmaster purposefully misled presale ticketbuyers when it could not satisfy ticket demand.. People are always going to be upset about their contracts in music. "It obviously wasn't meant to be if we didn't get tickets but we're upset. Taylor Swift will release additional tickets for The Eras Tour, one month on from the Ticketmaster sales debacle which crashed the site and saw thousands of fans miss out. I think we have laid out a case now for the change that has happened in the industry and how Taylor Swift and her record releases fit into it and her disputes. Getty Images Lisa Marie Presley's net worth: Losses, lawsuits and Graceland, Marie Osmond says her kids won't get an inheritance, Former "American Idol" contestant C.J. Its at a height, but its a height that feels like it cant keep going up. Taylor Swift Makes Surprise AMAs Appearance in Golden Jumpsuit and Shouts Out Blake Lively! I mean, come on, Blockbuster? Notified fans will receive their individual invite to submit their purchase request prior to Friday, December 23. As an old-school punk rock guy, there is a part of me that deeply vibes with his ability to be subversive, and it transcends the fact that he broke out on TikTok. At last, some good news for Swifties came on Dec. 12, when select fans received emails notifying them that they would get a second chance to purchase Eras tickets. What I would not bet against is the internet and the expectation, which an entire generation has now been raised with, that all the music is on YouTube. Its going to be this AI-generated image of the music that you have the NFT to which will be valuable. I mean, talk about convoluted. Taylors attempts to remake the music industry in the middle streaming period, as you might call it, all basically came to nothing, besides maybe a little more money or clout with the industry. I recognize Im a dinosaur and thats fine. Like everybody else, she has all those things, but she leans the hardest into music. "Even when a high demand onsale goes flawlessly from a tech perspective, many fans are left empty handed. Taylor Swift announced the Eras Tour earlier this month her first since her "Reputation" album tour in 2018 and fans are eager to get their hands on tickets. For all the other people who are listening to playlists and keeping music on in the background forever, those people are potentially diluting the listening of fans who only listen really closely to one artist for an hour or two a day. Image source: taylorswift. What was the structure of the industry in the 2000s? She was upset about the low streaming rates that youre talking about. There were some smaller versions of this business that launched in the United States RIP Rdio, which was a Verge favorite. "sitting in the Ticketmaster queue while its paused really has me wishing i never heard a Taylor swift song in my life and that i didn't know who she was," another user added. She got into a fight about Apple Music, but now shes one of the faces of Apple Music. "UM. She added, "The first leg of the tour will be in stadiums across the US, with international dates to be announced as soon as we can! While it's impossible for everyone to get tickets to these shows, we know we can do more to improve the experience and that's what we're focused on," it concluded. On Nov. 18, Swift spoke out about the fiasco in a message to her fans via her Instagram Story. If you go back and listen to other Decoder conversations, like the one we had with Steve Boom from Amazon Music, its shocking to me how over and over again music itself is undervalued. The rocky presale era for the "Eras Tour" is finally over.. After a long wait, tickets are available on most platforms for Taylor . People arent getting paid enough. We no longer have our Virgin Megastores selling all of our CDs to us, or Tower Records. There are still cracks in the model, right? According to Billboard, Ticketmaster still has 170,000 remaining tickets for the Eras tour and the company is gearing up to sell them to the lucky fans who previously received emails in the next four weeks. Not just because of this holdup, but because they realize that this is the place where they are going to monetize. To get music, you had to go to the store and buy a physical copy of a CD, and that made everybody rich. There have been 20 years of the streaming business. Onsale Dates and Times TaylorSwiftTix powered by Verified Fan Starts Tue, Nov 15 @ 10:00 am EST Ends Thu, Nov 17 @ 10:00 pm EST 55 days ago Aisle Seat Verified Fan Presale Starts Tue, Nov 15 @ 10:00 am EST Shes a great musician, shes also just very good at making money. Taylor Swift performs on stage during her "Reputation" stadium tour at Wembley Stadium in London on June 23, 2018. There is no shortage of stories of artists, musicians, and songwriters being short-shrifted throughout the entirety of the music industry. Taylor Swift has found the $20 in selling clocks, shoes, and all of the other stuff that shes managed to sell, and now very expensive tour tickets. Depending on the deal with your label, you might only be seeing fractions of a fraction of a penny by the time it gets to you. And yet, not all the people are as rich as they should be. Swift hastwo shows scheduled in Pittsburghfor June 16 and June 17. I followed their instructions, logged on early, using my laptop (not a mobile device), waiting a LONG time (like everyone else), finally got in and it was a bloodbath., She continued: Grab tickets as fast as I could, go to purchase them only to be told someone else got them first, FINALLY got tickets in my cart, only to have the site crash, got thrown back in the queue, could not get a transaction to go through.. Its tenuous. ", Taylor Swift's 10th studio album, "Midnights," was released on Oct. 21. So much information is not accessible. Bad record contract or not, you still spent $20 and the artist and their label can now fight over how much of that $20 they get. Maybe I dont know myself. If so, I think this is where all the hedge funds buying up these music catalogs will have been overwhelmingly right, and they will shove it in our faces and say, Look, this stuff was worth a hundred times more than what you thought it was, because when youre in these virtual worlds, all you want to do is have some great background music going on. Unless that all just gets written by AIs, then maybe not. While appearing on The Graham Norton Show, the "Bejeweled" singer first teased an upcoming tour tied to the release of her latest album. Along with the tour announcement came information about how fans could score tickets. Instead, what they do is they give out a proportion of their revenues. But you are the artist. Theyre able to get their. Some potential ticket buyers were locked out of the sale when their Verified Fan codes failed to work, while others were initially able to secure tickets, only to lose them and get kicked out of the process once they tried to check out. Its this massive spectacle, the Future Nostalgia Tour looks amazing, but shes like permanently on tour. When there is no competition to incentivize better services and fair prices, we all suffer the consequences.". Ticketmaster has canceled the public sale of Taylor Swift's "The Eras Tour" after high demand in the pre-sales. Fans are also quite unhappy with a lot of these ticketing issues as well, obviously. I have just not been happy to see how the mad rush of everybody into printing funny little pictures happened. It literally is the same. We definitely live in an era where the actual product is so devalued that all the people that make it are in a state of precarity. The suit also alleged that Ticketmaster provided more codes than ticket allotment and scheduled the general ticket sale "knowing they would not have the quantity necessary" to fulfill the demand. I think there are many places in the whole music industry, in all aspects of it, that are struggling. Taylor Swift fans who are registered as "verified" may have a second shot at tickets to her "Eras Tour" as Ticketmaster tries to make things right after its website crashed last month amid an onslaught of orders. The whole model feels utterly precarious right now. A few hours after the sale's planned start time, Ticketmaster tweeted that the issues were due to "historically unprecedented demand" and announced it was pushing back the start times for some West Coast venues. Thats Decoder everybody. Right. Taylor Swifts recently released Midnights album crashed Spotify and other streaming services shortly after the album's October release. You go to the store, you spend $20 to buy the CD. Thats all flipped now. They have been pretty obvious and pretty explicit with their own investors that renting music from labels and then selling it for pennies is not a great business model. "I love music, and I love live music even more. "Well. Everyone is mad at Ticketmaster, and like, Dua Lipa needs to go home. It met more needs for a smaller slice of people that were less discerning, and then it just took over everything because it was more convenient. Even if a lot of people listen to our music, were not sure how much we are getting paid.. Do we have a sense of how that works and if the labels are happy with that? I wanted all of my music that Ive ever had. The last thing I want is the Fleetwood Mac army coming for me. You have no idea how much that means.". Its NFTs, its blockchain tokens, its whatever universe the DJs want to put together. Perhaps TikTok is going to launch its own music service, but that would still put them in the world of just being yet another streamer. . First published on November 18, 2022 / 1:08 PM. Like the streaming model, there is going to be a cap on the amount of concerts that people are going to go to. The second show was added along with more than a dozen other dates because of the huge demand. Say you only listen to Guns N Roses for an hour that month, but everybody else listens to Taylor for like 24 / 7, the entire time. Here's Everything to Know. Where is Groove? I think that the worlds in which fandoms are emphasized have definitely done well in this model. He, like Taylor, is brilliant at understanding where the culture is at and how to say or do something on the edge of acceptability within certain communities, to then cause uproar, backlash, and embrace. They were the dominant form of revenue. Ticketmaster cancels Taylor Swift public ticket sales due to demand and 'insufficient' supply. Now theyre saying, You need a following. Colleagues of ours at Vox had a great story about the TikTok to Spotify pipeline. 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