The thing is, Taylor's version sounds completely different. Did Ben Thompson actually look at streaming numbers? All her fans didn't flock to the new version. They listened to it, but it's so different that the old version is still consistently streamed likely by the same fans.
Further, the new version isn't on some new platform or anything. It's not like Taylor Swift asked fans to fork extra money to listen to "Taylor's version" so nothing is really proven here regarding Taylor's so called power. In terms of accessibility, the tracks exist side by side with the original on Spotify.
The idea of NFTs is incredibly appealing to artists because the technology could allow for artists to sell music that can only be played by some client if the NFT for a track or album was authentic. Ultimately this is bad for consumers and you bet your bottom dollar that some new form of music piracy will be born if music tried to go this direction.
Further, the new version isn't on some new platform or anything. It's not like Taylor Swift asked fans to fork extra money to listen to "Taylor's version" so nothing is really proven here regarding Taylor's so called power. In terms of accessibility, the tracks exist side by side with the original on Spotify.
The idea of NFTs is incredibly appealing to artists because the technology could allow for artists to sell music that can only be played by some client if the NFT for a track or album was authentic. Ultimately this is bad for consumers and you bet your bottom dollar that some new form of music piracy will be born if music tried to go this direction.