Pop star Taylor Swift is reportedly on the brink of regaining the original recordings of her first six albums.<\/p>\n
This comes after a contentious sale of these masters to music executive Scooter Braun in 2019, which caused a significant rift between Swift and Braun.<\/p>\n
The master recordings were bought by Braun for $300 million, prompting Swift to re-record them as “Taylor’s Versions.”<\/p>\n
The potential financial implications for Swift<\/strong><\/p>\n If Swift chooses to buy back her masters, the price tag could be anywhere between $600 million and $1 billion. Still, the investment could greatly expand her earnings.<\/p>\n Clayton Durant, founder of CAD Management, explained, “If she could claw back and create a deal structure where she could get the rights to her original recordings, she exponentially increases the amount of money she makes.”<\/p>\n What had happened in 2019?<\/strong><\/p>\n When her masters were first sold, Swift took to social media to express her discontent. She claimed she was never given the opportunity to buy them and was unaware of the deal.<\/p>\n In 2019, Braun’s Ithaca Holdings acquired Swift’s former label, Big Machine Records, in a substantial $300 million deal. This acquisition included Swift’s first six albums.<\/p>\n However, Big Machine founder Scott Borchetta maintained she had an opportunity to buy back her masters.<\/p>\n Was Swift’s father involved in sale of recordings first time?<\/strong><\/p>\n Interestingly, Swift’s father, who was a shareholder in Big Machine, reportedly made $16 million from the sale.<\/p>\n Emails from that time show Scott Swift contributed to a “data room” for the company that purchased the masters.<\/p>\n Hence, Shamrock Capital wants to ensure Swift is aware of the current deal.<\/p>\n The news of the deal comes a day after Swift teased Taylor’s Version of Reputation in a teaser clip of The Handmaid’s Tale.<\/p>\n","protected":false},"excerpt":{"rendered":" Pop star Taylor Swift is reportedly on the brink of regaining the original recordings of her first six albums. This comes after a contentious sale of these… <\/p>\n","protected":false},"author":2,"featured_media":63690,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-63685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-taylor-swifts"],"yoast_head":"\n