Why Taylor Swift’s ‘1989’ Could Be the Last Platinum Album Ever

October 30, 2014 – In The News

Lori Landew was quoted in the Forbes article, “Why Taylor Swift’s ‘1989’ Could Be the Last Platinum Album Ever.” Full text can be found in the October 30, 2014, issue, but a synopsis is below.

Taylor Swift has unveiled quite a few surprises lately, as she is on pace to sell more than one million copies of 1989 in its opening week. The shocking part is that there has not been a single platinum album this year, besides the Frozen soundtrack, leaving some to believe this could be the last platinum album ever.

“I would like to believe that this recent achievement could be a sign of more to come,” says Fox attorney Lori Landew. “I tend to believe that it is more an aberration that can be attributed to a super strong and loyal fan base.”

So will 1989 actually be the last platinum album of all time? It could be possible. Still, it’s more likely that the RIAA will change its definition of platinum to encompass streams.

“As far as virtually everyone else is concerned, it seems like this kind of debut is beyond reach today and will remain so until the RIAA catches up with how music is currently consumed by the majority of new music lovers,” says Landew. “While Swift’s debut gives us hope that music lovers can be moved to want to own new music, buying trends would seem to indicate otherwise.”