Friday, April 24, 2020

Carlyle Affiliate Monetizing Taylor Swift During Pandemic


The Guardian reported:

Taylor Swift has disowned a new live album released under her name, calling it tasteless and “shameless greed” amid the coronavirus outbreak.

Swift said:  "This release is not approved by me. It looks to me like Scooter Braun and his financial backers, 23 Capital, Alex Soros and the Soros family and the Carlyle Group have seen the latest balance sheets and realised that paying $330 MILLION wasn’t exactly a wise choice and they need money.  In my opinion … Just another case of shameless greed in the time of coronavirus. So tasteless, but very transparent.”

Carlyle executives pretended to be peacemakers some months ago.  As moneymakers The Carlyle Group is solely interested in returns.  PEUs = shameless greed.

Update 4-28-20:  Showbiz 411 reported paltry sales of the new live album.  "The stream appeared last week and at first sold 7 copies. SEVEN. Then on Friday and Saturday another 26. The total is 33. THIRTY THREE. That’s it. No one bought it."   

Update 4-12-21:  Swift re-released her Fearless album.  Loyal fans are burying the old versions on Spotify.

Following Friday's midnight release of Fearless (Taylor's Version) — for which Swift re-recorded her music after failing to acquire the rights to her early albums two years ago — Swifties launched a campaign to bury the Big Machine version on Spotify.
Hopefully the unnamed investment firm can claw-back money from Ithaca and The Carlyle Group.  Taylor Swift, like the City of Missoula with Mountain Water, tried many times to buy back the rights to her music.