By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Taylor Swift’s replica 1989 surpasses sales of original album
News

Taylor Swift’s replica 1989 surpasses sales of original album

News Room
Last updated: 2023/11/05 at 7:31 PM
By News Room
Share
4 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Taylor Swift’s replica of her album 1989 has sold nearly 1.7mn copies in the first week of its release, the pop star’s biggest hit yet in a multiyear project to regain ownership of her music after her catalogue was sold to a private equity group. 

With 1.65mn album-equivalent units sold in the week ending November 2, 1989 (Taylor’s Version) is the biggest debut of Swift’s career, surpassing the 1.3mn in sales of the original album on its release in 2014, according to data provider Luminate.

It is the biggest first week for any album release since 2015. The tally includes streams, purchases of CDs and vinyl, and digital download sales.

After it was revealed in 2020 that investment fund Shamrock acquired the master recordings of her first six albums for $300mn, Swift announced that she would re-record the songs, a move that would “diminish the value of my old masters”. 1989 is the fourth album she has recreated and released in the past two years.

“I was born in 1989, reinvented for the first time in 2014. And a part of me was reclaimed in 2023 with the re-release of this album I love so dearly”, Swift said on October 27.

Blockbuster opening-week music sales have become a rare feat in the age of digital streaming. Over the past decade, only five albums have managed to sell 1mn copies in the first week of their release, four of which were Swift’s.

1989 was the fifth of six albums Swift made while still tied to her old record label, the Nashville-based Big Machine Records. It had been a big commercial hit in 2014 — at a time when the music industry was still decimated by piracy, with streaming not yet making up for the losses. 1989 (Taylor’s Version) arrives as US recorded music revenue has recovered substantially, powered by the rise of streaming.

It is unclear how much the re-recording of old albums will affect Shamrock’s investment. But the new versions are being streamed and purchased far more than the old ones, according to Luminate data.

Fearless (Taylor’s Version) has sold about 627,000 album-equivalent units this year — almost triple the 226,000 units for the original Fearless album. The newer version of Red sold 884,000 units, while the original is around 214,000, Luminate said.

The strong showing for 1989 (Taylor’s Version) is a boost to Universal Music, the world’s largest record company, which distributes Swift’s work and takes a percentage of her sales. Universal last month reported revenue of €2.8bn in its most recent quarter, up 3 per cent from the prior year period.

Read the full article here

News Room November 5, 2023 November 5, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Why the bitcoin sell-off may not be the start of a crypto winter

Watch full video on YouTube

What’s Behind The Unprecedented Growth In CEO Pay In The U.S.

Watch full video on YouTube

Tailwinds for US and global economic growth

Watch full video on YouTube

Why every brand now has a cafe

Watch full video on YouTube

NewtekOne, Inc. (NEWT) Q4 2025 Earnings Call Transcript

Operator Thank you for standing by, and welcome to NewtekOne, Inc.'s Fourth…

- Advertisement -
Ad imageAd image

You Might Also Like

News

NewtekOne, Inc. (NEWT) Q4 2025 Earnings Call Transcript

By News Room
News

Tesla lurches into the Musk robotics era

By News Room
News

Keir Starmer meets Xi Jinping in bid to revive strained UK-China ties

By News Room
News

Canadian Pacific Kansas City Limited (CP:CA) Q4 2025 Earnings Call Transcript

By News Room
News

SpaceX weighs June IPO timed to planetary alignment and Elon Musk’s birthday

By News Room
News

Japan’s discount election: why ‘dirt cheap’ shoppers became the key voters

By News Room
News

Logitech International S.A. (LOGI) Q3 2026 Earnings Call Transcript

By News Room
News

US to invest $1.6bn into rare earths group in bid to shore up key minerals

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?