Taylor Swift To Release 'Welcome To New York' On iTunes: '1989' October 27

Taylor Swift, Billboard Magazine's recently named Woman of the Year (the only artist to have been awarded this honor twice), will exclusively unlock "Welcome To New York" on iTunes on Tuesday, October 21.

Swift will be giving her fans a new track and a peek at what is to come from the most highly anticipated album this year, 1989 (Big Machine Records). "Welcome To New York" is written by Swift and Ryan Tedder (One Republic) and produced by Ryan Tedder, Noel Zancanella and Swift.

This is the third song revealed from 1989, Swift's forthcoming fifth studio album, while the current single, "Shake It Off," remains atop the charts across the globe.

"I started the album with "Welcome To New York" because New York has been an important landscape and location for the story of my life in the last couple of years," said Taylor.

"It's like an electric city, and I approached moving there with such wide-eyed optimism. I saw New York as a place of endless potential and possibilities and you can hear that reflected in this music and in this song."

Swift, is a seven-time GRAMMY winner and the youngest winner in history of the music industry's highest honor, the GRAMMY Award for Album of the Year. She is the first artist since the Beatles (and the only female artist in history) to log six or more weeks at #1 in the U.S. with three consecutive studio albums. Taylor has an album on Rolling Stone's prestigious The 50 Greatest Albums of All Time (by women) list, Time magazine has named her one the of the 100 Most Influential People in the world, and she is Billboard's youngest-ever Woman of the Year and the only artist to have been awarded this honor twice.