Taylor Swift vs Scooter Braun: How a lot pop star pay Shamrock Capital to purchase her album masters? | Hollywood
Might 30, 2025 10:03 PM IST
Taylor Swift on Friday introduced that she has efficiently acquired the grasp recordings of her first six albums
Taylor Swift on Friday introduced that she has efficiently acquired the grasp recordings of her first six albums—Taylor Swift (2006), Fearless (2008), Converse Now (2010), Crimson (2012), 1989 (2014), and Repute (2017)—from Shamrock Capital. In an emotional handwritten letter posted on her web site, the Grammy winner mentioned: “The entire music I’ve ever made now belongs to me.”
This ends a high-profile possession dispute between Swift and Scooter Braun and Shamrock Capital. The ‘Love Story’ singer had been preventing to regain management of her music after Scooter Braun’s Ithaca Holdings bought Large Machine Label Group (BMLG) for $330 million in 2019, and subsequently offered the masters to Shamrock Capital for $405 million in November 2020.
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How a lot did Taylor Swift pay for the masters?
Whereas Swift didn’t disclose the phrases of the deal, Billboard cited sources to report that she paid a worth near the $360-million price ticket Shamrock paid again in 2021.
“We’re thrilled with this final result and are so pleased for Taylor,” Shamrock Capital mentioned in an announcement. This comes years after Taylor Swift began re-recording and releasing her first six albums in an try and regain management of her music.
Taylor Swift vs Scooter Braun
In June 2019, Braun’s Ithaca Holdings acquired BMLG, together with Swift’s masters, for $330 million. Swift claimed she was not knowledgeable of the sale and was denied a good alternative to purchase her masters.
In November 2020, Braun offered the masters to Shamrock Capital for $405 million. Swift alleged Braun required Shamrock to withhold communication along with her till the deal was full and rejected an fairness partnership with Shamrock as a result of Braun would proceed to revenue.
Beginning in November 2020, the pop star re-recorded 4 of her six albums, releasing Taylor’s Model editions that outperformed the originals.
In between re-recordings, Taylor Swift has launched new music, together with final yr’s ‘The Tortured Poets Division’, introduced in the course of the 2024 Grammys and launched throughout her record-breaking tour.
