4.6 • 2.7K Ratings
🗓️ 20 January 2023
⏱️ 79 minutes
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0:00.0 | Hey, it's Charlie. I've been thinking a lot about this moment where streaming feels like it's both at its height |
0:08.5 | and simultaneously on the top of a precipice about to fall off. |
0:12.8 | So many musicians are fed up with the music streaming model getting fractions of a fraction of a penny and |
0:19.2 | The whole business model just seems precarious. I was talking about this idea with my friend Neely Patel |
0:25.2 | He's the editor in chief of the verge and host of the podcast decoder to show about big ideas |
0:31.9 | And so we taped a conversation about what's going on in music streaming through the case study of Taylor Swift |
0:38.5 | Who has definitely navigated the transition from the CD era into streaming and whose era tour may mark the end of an era in music |
0:48.4 | Here's my chat with Neely on decoder. I hope you enjoy it |
0:51.5 | Hello and welcome to decoder. I'm Neely Patel editor in chief of the verge and decoder is my show about big ideas and other problems |
1:00.5 | So I have this theory about the music industry. I think music is usually about five years ahead of the rest of the media in terms of its relationship to tech |
1:11.1 | Whether that's new formats based on new technology like vinyl to CDs new business models like streaming or |
1:17.6 | Or simply being disrupted by new kinds of artists who use new forms of promotion like TikTok and unexpected ways |
1:25.6 | I've always thought that if you can wrap your head around what's happening to the music industry |
1:29.6 | You can pretty much see the future of TV or movies or the news or whatever it is because the music industry just moves that fast |
1:37.6 | I was talking about this with my friend Charlie Harding |
1:39.9 | He co-hosts the podcast switched on pop and he said something really interesting to me |
1:44.5 | He thinks the Taylor Swift eras tour is itself the end of an era in music that the age of cheap streaming services is coming to an |
1:53.6 | Inevitable conclusion and it's something has to change in order for the industry to sustain itself in the future |
2:01.2 | Charlie's theory is that Taylor is the one artist who is managed to seamlessly and successfully |
2:05.9 | Transition between the different eras of the music business. She started out selling CDs like everyone else and she fought against the streaming model in the mid 2010s |
2:14.6 | But now she's not only embrace streaming but she's thriving in it |
2:18.1 | And she's one of the few artists committed to her music itself being valuable not just as marketing for a universe of other products |
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