Folk singer Ryan Adams has recently covered Taylor Swifts 1989 album in its entirety.
The full cover of the album, released on September 21, was approved by Swift herself. It has been less than a year since the original was released.
In an interview with Beats I host Zane Lowe, Adams and Swift discussed how the album came to be. “They’re not cover songs,” Swift told Lowe. “They’re reimaginings of my songs, and you can tell that he was in a different place emotionally than I was. There’s this beautiful aching sadness and longing in this album that doesn’t exist in the original.”
Aside from the covers, Adams has also finished work in his next album, saying that it’s “the most fragile thing,” and he thinks that it will “replace Love Is Hell for a deep fan as…like, this is the stuff.”
Stream the Adams’s covers here.
To make matters more interesting, Father John Misty’s J. Tillman shortly released his own cover of Adams’s cover of Swift’s “Blank Space,” singing it in the style of The Velvet Underground.
Swift is the principal songwriter in all of the songs, so she will be making money from every copy sold by Adams. How much will she earn from all this? Fortune did the math, and this is what they came up with:
“The royalty for the 13-track 1989 is estimated at $1.183, though part of that must be split with the music publisher, in this case Sony/ATV. The most common artist-publisher split is 50:50, though some artists get more favorable terms, and it is safe to assume Swift – one of the most powerful artists working today – would get a better split.”
Assuming that Swift and co-writers get 59 cents pre album sold. After splitting, she would make about 20 cents per copy. If Adams’s album sells 5 million (Swift’s original sold over this number), she would earn $1 million.