- Abstract
Taylor Swift has formally reacquired the grasp recordings for her first six studio albums - She purchased the masters from Shamrock Capital, the agency that bought them from Scooter Braun in 2020, with the monetary phrases undisclosed
- Taylor Swift has regained management over her total music catalog
In a monumental victory for artist autonomy, Taylor Swift has formally introduced that she has purchased again the rights to her first six studio albums’ grasp recordings. This extremely anticipated information marks the fruits of a years-long, very public battle to regain possession of her early catalog. With this new landmark deal, Swift now owns her total physique of labor.
Swift acquired the masters from Shamrock Capital, the personal fairness agency that bought them from Scooter Braun‘s Ithaca Holdings in 2020. Whereas the precise monetary phrases weren’t disclosed, studies counsel she paid a sum near the $300-$360 million USD vary that Shamrock initially invested, a determine significantly lower than some earlier inflated rumors. This improvement brings closure to a fraught interval that started in 2019 when her former label, Large Machine Information, bought her masters to Scooter Braun with out her consent. In response, Swift launched into an unprecedented re-recording undertaking, releasing “Taylor’s Model” albums of Fearless, Crimson, Converse Now and 1989, which achieved large business and important success, successfully devaluing the unique masters.
Swift expressed immense pleasure and gratitude, penning a letter to her followers on her web site and stating, “All the music I’ve ever made now belongs… to me.” She emphasised that this consists of not simply the audio recordings but in addition music movies, live performance movies, album artwork, images, and unreleased songs from these eras. She additionally famous that her self-titled debut album has been re-recorded and that each it and Fame (Taylor’s Model) “can nonetheless have their moments to reemerge when the time is true.”
This victory is a major second for artist rights within the music trade, with Swift highlighting how her battle has impressed different artists to barter for possession of their very own masters from the outset.
