Taylor Swift’s successful remastered albums may open gate for artists to remaster their albums
[Photo credit to Unsplash. Taylor Swift]
Taylor Swift’s latest success in remastering her albums following disputes with her record label sets a significant precedent that could reverberate through the entire entertainment industry.
The buzz surrounding Taylor Swift’s concerts featuring her “new” remastered albums of her “old” albums has been one of the hottest topics among the teenagers.
However, beyond the fanfare, experts are delving into the behind-the-scenes implications of this groundbreaking move.
The origin of Swift’s dispute over her record labels started when Big Machine Records, her formal label, sold its rights to Taylor Swift’s songs to another corporation called Ithaca Holdings.
Subsequently, Ithaca Holdings sold the rights to Swift’s songs to Shamrock Holdings for a staggering $300 million.
Complicating matters, Ithaca Holdings’ CEO, Scooter Braun, who Swift claims had bullied her in the past, profited substantially from this transaction.
Swift, reacting to the situation, publicly denounced the deal and announced her intention to re-record her original six albums to regain copyright ownership.
However, her original contract with Big Machine Records stipulated modifications to remastered songs to avoid identical replicas, a clause raising concerns among legal experts.
Attorney and expert in the music transaction industry, Stephen Finfer raised points of concerns regarding Swift’s requirement to “modify the songs.”
He stated Swift’s remastered songs might become “second-best sound-alikes,” potentially damaging the reputation of the originals by distributing “lesser” versions.
Despite these concerns, Swift’s first two re-recorded albums, Fearless (Taylor’s Version), and Red (Taylor’s Version), both placed No. 1 on the Billboard chart.
The success continued with her latest release, “Speak Now (Taylor’s Version),” debuting at No.1 on the Billboard charts on July 7, 2023.
Fans fervently analyzed Swift’s remastered albums, noting two key differences.
Firstly, minor changes, like a few seconds added or subtracted from the original, were observed.
Secondly, fans identified alterations in volume, vocal-background balance, and the overall mood of the songs.
This shift in mood significantly distinguished the older versions from the new remastered ones while remaining true to the originals.
Ultimately, Swift’s remastered albums successfully addressed experts’ concerns.
Taylor Swift’s unprecedented successful remaster of her albums raises the question: will the same apply for other artists in the industry?
However, legal complexities surrounding music ownership may pose challenges.
Artists seeking to emulate Swift’s feet must own copyright ownership to the melody and lyrics of their albums, a hurdle for many who sign contracts relinquishing their publishing rights.
Analysis by lawyer Stephen Carlisle suggests that this is because contracts between artists and their record label often include clauses preventing artists from retaining their ‘publishing rights’ - the rights to the melody and lyrics.
Many artists sign their contracts at a young age, making them vulnerable to signing ‘bad’ contracts that prevent them from retaining their publishing rights.
This limitation hinders them from re-recording their albums in case of any disagreement with their record label.
Taylor Swift's groundbreaking remastering has raised more interest and awareness of the questionable contracts in the entertainment industry.
Forbes dubbed it a venture an uncharted territory for the music industry, presenting a potential roadmap for aspiring musicians seeking to reclaim their publishing rights.
With three albums yet to be re-recorded, Swift’s remastering journey will be looked at with admiration and criticism from fans and experts alike for its lasting impact on the music industry.
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- William Park / Grade 10
- Seoul International School