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Taylor Swift (Acquired’s Version)
Acquired
Revenue Split in Music Industry
In the music industry, there is a significant difference in revenue distribution between traditional radio and streaming platforms. While traditional radio mainly benefits the songwriters, streaming platforms favor the songwriters over the recording artists. Songwriters earned more from chart-toppers traditionally, while artists benefited for marketing purposes. Taylor Swift is an example of someone who seeks a fairer split between songwriters and masters. Additionally, in music used for movies or commercials, there is a more even split between publishing and master rights through synchronization licenses.
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