In the wake of her Big Machine catalog coming under the control of Braun last year, Swift said she should have been allowed to bid on her master recordings and called Braun out as a “bully” and “the definition of toxic male privilege in our industry.” It was in 2019 that Swift first declared she would be re-recording the albums that now have transferred ownership to Shamrock. The 30-year-old artist is one of the most commercially viable musicians on the planet after more than ten years of chart-topping hits, including “I Knew You Were Trouble.” And there’s nothing like a Last night Taylor Swift revealed that her old masters had been sold once again. This was the second time my music had been sold without my knowledge. The Official Website of Taylor Swift - evermore album out now! Photograph: Chris Pizzello/Invision/AP. Scooter Braun Sells Taylor Swift’s Masters For Estimated $300 Million, Swift Still Intends to Re-Record Her Old Albums In a statement, Swift says the sale occurred without our her knowledge Kelly Clarkson and Taylor Swift. Pop singer accuses music mogul of hostile terms as song catalogue deal with private equity firm is completed, Last modified on Tue 17 Nov 2020 13.18 EST. Published: 03:20 EDT, 9 April 2021 | … "I wanted to check in and update you guys," Swift wrote. “I feel the need to be very transparent with you,” she wrote Shamrock. We fully respect and support her decision and, while we hoped to formally partner, we also knew this was a possible outcome that we considered. Taylor Swift has responded to news of the sale of her catalog by Scooter Braun to a private equity company, confirming that a deal went down in October with a firm revealed by her to be Shamrock Holdings — and that, as would be expected, she is deeply unhappy with the second sale of her master recordings without her consent or involvement in a year and a half. Taylor Swift is breaking her silence following reports that Scooter Braun has sold the masters to her first six albums. FUCK SCOOTER BRAUN. Find out why the pop star is taking yet another stand against him. Taylor Swift has said on Twitter that the masters of her initial six albums have been sold without her knowledge, in the most recent dispute about the megastar’s valuable backlog. Shamrock Capital have commented on the sale, saying: “Taylor Swift is a transcendent artist with a timeless catalogue. Taylor Swift speaks out after Scooter Braun has sold the Masters to her songs. pic.twitter.com/sscKXp2ibD, — Taylor Swift (@taylorswift13) November 16, 2020. Taylor Swift has responded to news of the sale of her catalog by Scooter Braun to a private equity company, confirming that a deal went down in October with a … Some 17 months after Scooter Braun ’s Ithaca Holdings LLC acquired Big Machine Label Group and all of its recorded music assets, sources tell Variety the … We appreciate Taylor’s open communication and professionalism with us these last few weeks. Swift seeing red. Taylor Swift's Rep Clears Up Rumors About Sale of Her Masters A rep for Taylor Swift is speaking out to clear up some rumors spreading around amid the … Taylor Swift has said on Twitter that the masters of her initial six albums have been sold without her knowledge, in the most recent dispute about the megastar’s valuable backlog. On Monday, the singer took to Twitter to share an update with her fans after music executive Scooter Braun sold her master recordings to Shamrock Holdings, a private equity firm. In detailed posts on Twitter, Swift says was alerted to the October sale by Shamrock Holdings itself, only after the deal had already gone through, when the company reached out with hopes of working with her on the catalog in the future. And once again, she is deeply unhappy about it. (CNN) Taylor Swift is speaking out about Scooter Braun's sale of her masters. Taylor Swift criticises Scooter Braun after $300m masters sale Pop singer accuses music mogul of hostile terms as song catalogue deal with private equity firm … "It has already proven to be both exciting and creatively fulfilling. Nov 16, 2020 3:40pm PT Taylor Swift Confirms Sale of Her Masters, Says She Is Already Re-Recording Her Catalog Although Swift says she was in … “We made this investment because we believe in the immense value and opportunity that comes with her work. The singer took to Twitter on Monday to post a lengthy and emotional message … Earlier Monday, Variety broke the news that Braun had sold the master rights to Swift’s first six albums to a then-unknown investment fund in a deal believed to be north of $300 million. Taylor Swift is furious at the sale of her master tapes – but she’s luckier than most. US singer Taylor Swift has confirmed a report that music mogul Scooter Braun has sold the rights to her first six albums. As for whether she ever had a chance to place her own bid on her master recordings, as she has asserted for the last year and a half she should have the right to do, Swift revealed that Braun’s reps had let her know the catalog was for sale. While Swift maintains that she was open to that, she quickly nixed any future collaboration when she learned that Braun will contractually continue to profit from her work, even after the sale. Taylor Swift knew for months that the rights to her old songs — and her former record label Big Machine — were up for sale but didn’t do anything about it, a source tells Page Six. Big Machine remains in the hands of Braun and Borchetta with a current roster that includes Sheryl Crow, Florida Georgia Line, Thomas Rhett, Tim McGraw and Lady A, the trio formerly known as Lady Antebellum. I know this will diminish the value of my old masters, but I hope you will understand that this is my only way of regaining the sense of pride I once had when hearing songs from my first six albums and also allowing my fans to listen to those albums without feelings of guilt for benefitting Scooter.”, Shamrock has issued a response. “Scooter’s team wanted me to sign an ironclad NDA stating I would never say another word about Scooter Braun unless it was positive,” she said in her statement. The "Folklore" singer releases a statement following news of Braun's reported sale of Big Machine Label which includes her masters for $300 million. Taylor says she’s continuing to re-record her old music, and also posted a letter she sent to Shamrock Holdings after learning of the sale. Now, Braun appears to have sold just Swift’s masters for roughly the amount that his firm spent acquiring the entire Big Machine Label Group less than a year and a half ago. On June 30, 2019, the masters to Swift's six studio albums were acquired by talent manager Scooter Braun as part of his acquisition of Big Machine Records. Taylor Swift said on Monday that her master recordings had been sold off to a private equity company, denying her the chance to buy back the … By Paul Chavez For Dailymail.com. Swift signed with BMLG at the beginning of her career. After Swift left for a new deal with Republic, Big Machine was sold to Braun in June 2019, giving him control over her Big Machine masters. The sale “has stripped me of my life’s work,” Taylor Swift wrote Sunday. Taylor Swift said Monday that she is at work at re-recording her catalog after the sale of her masters by Scooter Braun. Scooter Braun and Ithaca Holding’s recent acquisition of the record label Big Machine Records and, most importantly, the master recordings of Taylor Swift’s first 6 albums is no love story. These master recordings were not for sale to me.”. Taylor Swift speaks out after Scooter Braun has sold the Masters to her songs. Taylor Swift is speaking out about Scooter Braun's sale of her masters. The singer’s Twitter statement said that “my team attempted to enter into negotiations with Scooter Braun. “I will be going forward with my original re-recording schedule and will be embarking on that effort soon. (Column), Box Office: ‘Godzilla vs. Kong’ Roars to $13.4 Million in Second Weekend, Oscars Predictions: Best Picture – SAGs Give ‘Trial of the Chicago 7’ an Oscar Boost, Take the Party Outdoors With These Highly-Rated Patio Speakers, The Life Aquatic: Inside the April 2021 Issue of Robb Report, Green Jacket for Matsuyama to Be Paired With $2 Million Taxable Purse, Put Your Feet Up and Improve Circulation With A Comfortable and Supportive Foot Rest, Lily Rabe Talks Tell Me Your Secrets' Big Finale Twist: Emma 'Absolutely' Is 'Still Terrified of [Spoiler]'. Taylor Swift has responded to news of the sale of her catalog by Scooter Braun to a private equity company, saying she spurned the firm’s hopes of working together when she learned Braun would still profit from her work, and announcing she had already undertaken the long-promised re-recording of her entire Big Machine catalog. She shared a letter sent to Shamrock Capital in October, saying she had hoped to work with the company following the sale, but “I simply cannot in good conscience bring myself to be involved in benefiting Scooter Braun’s interests directly or indirectly”. Taylor Swift is breaking her silence after her master recordings were reportedly sold without her knowledge. Braun has not commented on the sale; the Guardian has contacted him for a response. Her contract with the label expired in fall 2018, after which she signed a deal for future recordings with Universal Music Group. Speaking of the sale of her masters, the Grammy winner contended: ... Scooter Braun's Ithaca Holdings has sold the master rights to Taylor Swift's first six albums. We appreciate Taylor’s open communication and professionalism with us these last few weeks. Scooter Braun’s Ithaca Holdings has sold the master rights to Taylor Swift’s first six albums to Shamrock Holdings, which the singer said she only learned about via a letter after the deal was completed.The deal is “believed to be north of $300 million,” according to Variety‘s sources. Swift previously spoke out after Braun gained control of her masters upon purchasing her old label, Big Machine Label Group, in 2019, saying she didn't learn about the sale until it was announced publicly and that Braun "stripped me of my life's work, that I wasn't given an opportunity to buy." Braun has now sold on the master recordings to private equity firm Shamrock Capital in a deal reported by Variety to be worth more than $300m. © Copyright 2021 Variety Media, LLC, a subsidiary of Penske Business Media, LLC. So, I would have to sign a document that would silence me forever before I could even have a chance to bid on my own work.”. Swift complained at the time: “My musical legacy is about to lie in the hands of someone who tried to dismantle it.” However, Big Machine’s co-owner, Scott Borchetta, stated at the time: “Scooter was never anything but positive about Taylor.”, As the disagreement continued, Braun pleaded for resolution, saying in November 2019: “I’m open to ALL possibilities … It almost feels as if you have no interest in ever resolving the conflict.”. Taylor Swift is speaking out about Scooter Braun's sale of her masters. Once again, Taylor Swift’s music catalog has been sold. Taylor Swift has criticised music industry mogul Scooter Braun over his sale of her master recordings to a US private equity firm, including the accusation that he attempted to use a non-disclosure agreement to “silence me forever” regarding terms of a potential sale. "Scott Borchetta never gave Taylor Swift an opportunity to purchase her masters, or the label, outright with a check in the way he is now apparently doing for others," Donald Passman said at … The re-recordings are exciting, but the goal was to get the masters. Taylor Swift adds for 93.7 million equivalent album sales, compared to Rihanna‘s more than 97 million. A source told us on Tuesday that Swift was offered the opportunity to buy her master recordings but “walked away” from the songs in October 2018, after a 10-month negotiation over the sale … Now she says she's re-recording her music. Although Swift says she was in negotiations with Scooter Braun's reps before her masters were re-sold to a private investment firm, Braun "would never even quote my team a price," she wrote. There is nothing Taylor does better then revenge! She also accused Braun of years of "incessant, manipulative bullying." The singer took to Twitter on Monday to post a lengthy and emotional message about … By Jack Giroux ON November 17, 2020 Scooter Braun has sold off Taylor Swift ’s “Big Machine” masters for a fat paycheck. The letter told me that they wanted to reach out before the sale to let me know, but that Scooter Braun had required that they make no contact with me or my team, or the deal would be off.”, Before she learned that Braun would continue to profit from her catalog, “I was hopeful and open to the possibility of a partnership with Shamrock” she said, “but Scooter’s participation is a non-starter for me.”, Addressing her fans, Swift wrote, “I have recently begun re-recording my older music and it has already proven to be both exciting and creatively fulfilling. The "Folklore" singer releases a statement following news of Braun's reported sale of Big Machine Label which includes her masters for $300 million. Taylor Swift releases her re-recording of 2008 hit album Fearless after the master recordings were sold. Indeed, Scooter Braun’s subsequent USD $300 million sale of these masters to the Disney family founded private equity firm, Shamrock Capital, has Ms. Taylor Swift Speaks Out After Scooter Braun Sells Her Masters for $300 Million The folklore singer said Monday that she is in the process of re-recording her first five albums Swift previously spoke out after Braun gained control of her masters upon purchasing her old label, Big Machine Label Group, in 2019, saying she didn't learn about the sale until it was announced publicly and that Braun "stripped me of my life's work, that I wasn't given an opportunity to buy." On Monday, Variety reported that … I feel for Taylor, my heart broke reading that tweet. We hope to partner with her in new ways moving forward and remain committed to investing with artists in their work.”. The singer took to Twitter on Monday to post a lengthy and emotional message about the music executive, who acquired the master recordings of her first six albums from her former label -- Big Machine Label Group in June 2019-- despite her objections.At the time, Swift called the agreement her "worst case scenario." Taylor Swift responded to Scooter Braun’s sale of her master records on Monday with a lengthy letter to fans explaining the state of her music and more. The ongoing controversy surrounding the ownership of the masters of the first six studio albums by American singer-songwriter Taylor Swift has received widespread media coverage. Both artists have their strong suits, as well as … (CNN) — Taylor Swift is speaking out about Scooter Braun's sale of her masters. Taylor Swift has responded to news of the sale of her catalog by Scooter Braun to a private equity company, confirming that a deal went down in October with a firm revealed by her to be Shamrock Holdings — and that, as would be expected, she is deeply unhappy with the second sale of her master recordings without her consent or involvement in a year and a half. I hope this clears things up. Taylor Swift is no exception and wants control of the masters of her first 6 albums. We made this investment because we believe in the immense value and opportunity that comes with her work. Taylor Swift slammed Scooter Braun after he reportedly sold the rights to her master recordings for more than $300 million. Scooter’s team wanted me to sign an ironclad NDA stating I would never say another word about Scooter Braun unless it was positive, before we could even look at the financial records of BMLG (which is always the first step in a purchase of this nature). Swift has put out a statement on Twitter about the sale, saying: “This was the second time my music had been sold without my knowledge.” As well as the satisfaction of owning the music she made outright, if she owned her master recordings she would earn greater royalty and sales revenue and have greater control over how her recordings are used. The saga dates back to the start of Swift’s career, when she signed a six-album deal with label Big Machine, who held the master recordings as part of the deal terms. She also claims that, prior to the sale, she had entered into discussions with Braun to negotiate control of her masters. I have plenty of surprises in store.”. Taylor Swift Slams Scooter Braun’s$300 Million Sale of Her Masters.Scooter Braun has reportedly sold the master rights toTaylor Swift’s first six albums for $300 million. Swift has long said she intends to re-record her Big Machine albums under her new Republic deal, as a way of partly regaining control over the song catalogue. 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Taylor Swift Speaks Out After Scooter Braun Sells Her Master Recordings for $300 Million Taylor Swift slammed Scooter Braun after he reportedly sold the rights to her master … Swift says the masters were sold to a private equity company called Shamrock Holdings, and, according to Variety, the deal was for more than $300 … US entertainment magazine Variety … Swift also attached to her tweet a copy of a letter she sent to Shamrock Holdings, dated Oct. 28. But the rift between Taylor Swift and Scooter Braun has been reignited this week when it emerged the music manager has sold the rights to the singer’s back catalogue to an investment company for a hefty $300m. While the company will be free to make deals to sell or stream her recordings, it will be conjoined from licensing syncs and other forms of income with getting publishing rights for the songs, which Swift owns and clearly has no intention of granting Shamrock. The manager has sold off those albums for more than $300 million. Braun’s Ithica Holdings LLC Ithaca purchased the Nashville-based iBig Machine Label Group, founded by Scott Borchetta in 2005, in June 2019 for just over $300 million, of which Swift’s catalog was then believed to be worth some $140 million. The acquisition encompassed all aspects of BMLG’s business, including its client roster, distribution deals, publishing and owned artist masters. How Taylor Swift took on ‘manipulative bully’ Scooter Braun over $300m masters sale & divided the music world Alison Maloney 17 Nov 2020, 16:06 Updated: 17 Nov 2020, 18:08 IT’S a … If Taylor Swift’s Twitter claims are anything to go by, she was prevented from bidding on these masters and was only offered a deal whereby she Taylor Swift has responded to news of the sale of her catalog by Scooter Braun to a private equity company, confirming that a deal went down in October with a … The 30-year-old artist is one of the most commercially viable musicians on the planet after more than ten years of chart-topping hits, including “ I Knew You Were Trouble .” https://ruinmyweek.com/.../taylor-swift-masters-sale-scooter-braun Taylor Swift performing in California last month. www.justjaredjr.com/.../taylor-swift-tried-to-buy-her-masters-from...sale She said negotiations never got underway, because of the strict NDA demands. “Taylor Swift is a transcendent artist with a timeless catalog,” the firm said in a statement. Variety and the Flying V logos are trademarks of Variety Media, LLC. We hope to partner with her in new ways moving forward and remain committed to investing with artists in their work.”, Been getting a lot of questions about the recent sale of my old masters. Then, she wrote, “a few weeks ago my team received a letter from a private equity company called Shamrock Holdings, letting us know that they had bought 100% of my music, videos, and album art from Scooter Braun. Swift additionally declared that she has already embarked on re-recording her entire Big Machine catalog, as previously promised, with the hopes of having fans only listen to the music that she controls. Taylor Swift has very open about how she was hurt by the sale of her masters to Scooter Braun. Taylor Swift criticises Scooter Braun after $300m masters sale, Report IT’S a feud that has split the music world in two – with bitter sniping between Camp Taylor and Camp Scooter. https://www.papermag.com/taylor-swift-scooter-braun-sale-2648952780.html The … In her Shamrock letter, she said: “This is my only way of regaining the sense of pride I once had when hearing songs from my first six albums.”. These master recordings were not for sale to me,” she concluded. Swift, in her social media posts, was the first to reveal that Shamrock was the buyer. “I would have to sign a document that would silence me forever before I could even have a chance to bid on my own work … He would never even quote my team a price. I mean for real, he is one of the shittiest people ever. After nearly a year and a half of beefing, Scooter Braun has said goodbye to Taylor Swift ‘s master recordings … unloading it for a pretty penny. Taylor Swift’s ongoing feud with music manager Scooter Braun has exploded once more today, as reports emerge that Braun has sold all of Swift’s master recordings for more than $400 million. NBC / NBCU Photo Bank via Getty Images Swift, 31, addressed the sale of her masters to Braun’s company, Ithaca … “He would never even quote my team a price. Taylor Swift Tried To Buy Her Masters From Scooter Braun Before His Recent Sale Taylor Swift is opening up following the news that her master recordings were sold once again. But, Swift said, she was asked to sign a non-disclosure agreement stipulating that she would never again disparage Braun before even being allowed to examine Big Machine’s books or make an offer. Almost two years ago, Braun acquired Big Machine Label Group and all of its music, including Swift’s first six albums. We fully respect and support her decision and, while we hoped to formally partner, we also knew this was a possible outcome that we considered. 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