Bits & Bytes: Is Taylor Swift The Most Powerful Person In Music?

Bits & Bytes: Is Taylor Swift The Most Powerful Person In Music?

FUSE TV - Bits & Bytes: Is Taylor Swift The Most Powerful Person In Music?

Jesse Kirshbaum is the co-founder and visionary behind SoundCTRL, the authority in music tech culture, news and events. When not serving as CEO of NUE Agency, he sits on the Global Advisory Board of Social Media Week and Digital Music Wire, sharing a dynamic enthusiasm and passion for shaping the new music business. Stay tuned to Fuse.tv for Bits & Bytes, his weekly roundup and personal take on the latest in music tech. 

Words and roundup by Jesse K, powered by SoundCTRL

Welcome summer! And thank you Taylor. 

Over the weekend, Taylor Swift took a stand against Apple Music, asking them to pay musicians during their controversial three-month trial period. In a true testament to Taylor’s clout and vision, one of Apple's SVPs personally called Taylor to discuss the policy change. In the end, Taylor won: Apple is going back on their original plans, and now plans to pay artists during their 90-day free trial.

Even now that Apple is over this initial spat, I’m still left wondering whether this sort of streaming service can work. Consumers are already used to getting music for free, so is it too late for them to go back to paying? Labels and streaming services certainly want a paid model to work, but is that really what’s best for the fans? Even some of the industry powerhouses seem to be worrying. Spotify CEO Daniel Ek just claimed that he would rather fold his company than get rid of Spotify’s free streaming tier. Even if it isn’t the most lucrative model, I think Ek still is getting the right idea with his support of Spotify’s freemium services.  Personally, I would love to see a world where music is as accessible as possible, even if that means it has to be given away for free.

It'll be interesting see if Apple burns up over this summer, or will they melt with all the pressure? This will be a big tell in what the future of the industry looks like.

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