Taylor Swift has gained whole management of her total music catalog, together with her authentic grasp recordings. “All the music I’ve ever made… now belongs… to me,” she introduced in an announcement posted to her web site on Friday.
In response to Billboard, Swift bought her authentic masters from Shamrock Capital, the personal fairness agency that acquired them from Scooter Braun’s Ithaca Holdings in late 2020. Swift reportedly paid round $360 million to shut the deal.
Braun famously bought Swift’s masters from her former report label, Huge Machine Data, in June 2019—apparently with out the singer’s prior information. Swift described Braun’s acquisition as her “worst-case state of affairs,” stating on the time, “All I may take into consideration was the incessant, manipulative bullying I’ve obtained at his arms for years.” In response, she introduced plans to re-record all of her earlier albums launched by means of Huge Machine, a transfer that might give her full management over sync licensing and publishing rights for these recordings. Braun put the masters up on the market in 2020. Though Swift’s group initially engaged in negotiations, they reportedly stopped after being requested to signal an “ironclad NDA” that might forestall her from talking negatively about Scooter Braun. In the end, Braun offered the masters to Shamrock Holdings for a reported whole of $300 million. Swift has since launched 4 “Taylor’s Model” re-recorded albums: Fearless, Crimson, Converse Now, and 1989.
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“To say that is my best dream come true is definitely being fairly reserved about it,” Swift wrote in her assertion. “To my followers, you understand how vital this has been to me – a lot in order that I meticulously re-recorded and launched 4 of my albums, calling them Taylor’s Model. The passionate assist you confirmed these albums and the success story you turned ‘The Eras Tour’ into is why I used to be capable of purchase again my music. I can’t thanks sufficient for serving to to reunite me with this artwork that I’ve devoted my life to, however have by no means owned till now.”
As for her ultimate two re-recordings — Status and her self-titled debut– Swift stated plans for these releases at the moment are up within the air.
“Full transparency: I haven’t even re-recorded 1 / 4 of [Reputation TV]. The Status album was so particular to that point in my life, and I saved hitting a stopping level after I tried to remake it. All that defiance, that longing to be understood whereas feeling purposely misunderstood, that determined hope, that shame-born snarl and mischief. To be completely sincere, it’s the one album in these first 6 that I believed couldn’t be improved upon by redoing it. Not the music, or pictures, or movies. So I saved placing it off. There might be a time (in the event you’re into the thought) for the unreleased Vault tracks from that album to hatch. I’ve already fully re-recorded my total debut album, and I actually love the way it sounds now. These 2 albums can nonetheless have their moments to re-emerge when the time is true, if that might be one thing you guys could be enthusiastic about. But when it occurs it received’t be from a spot of unhappiness and eager for what I want I may have. It’ll simply be a celebration now.”
Right here is Swift’s assertion in full:
Hello
I’m attempting to collect my ideas into one thing coherent, however proper now my thoughts is only a slideshow. A flashback sequence of all of the instances I daydreamed about, wished for, and pined away for an opportunity to get to let you know this information. All of the instances I used to be thiiiiiiiiis shut, reaching out for it, just for it to fall by means of. I nearly stopped pondering it may ever occur, after 20 years of getting the carrot dangled after which yanked away. However that’s all prior to now now. I’ve been bursting into tears of pleasure at random intervals ever since I discovered that that is actually taking place. I actually get to say these phrases:
All the music I’ve ever made… now belongs… to me.
And all my music movies.
All of the live performance movies.
The album artwork and pictures.
The unreleased songs.
The reminiscences. The magic. The insanity.
Each single period.
My total life’s work.
To say that is my best dream come true is definitely being fairly reserved about it. To my followers, you understand how vital this has been to me – a lot in order that I meticulously re-recorded and launched 4 of my albums, calling them Taylor’s Model. The passionate assist you confirmed these albums and the success story you turned The Eras Tour into is why I used to be capable of purchase again my music. I can’t thanks sufficient for serving to to reunite me with this artwork that I’ve devoted my life to, however have by no means owned till now.
All I’ve ever wished was the chance to work exhausting sufficient to have the ability to someday buy my music outright with no strings connected, no partnership, with full autonomy. I might be eternally grateful to everybody at Shamrock Capital for being the primary individuals to ever provide this to me. The way in which they’ve dealt with each interplay we’ve had has been sincere, truthful, and respectful. This was a enterprise deal to them, however I actually felt like they noticed it for what it was to me. My reminiscences and my sweat and my handwriting and my a long time of goals. I’m endlessly grateful. My first tattoo would possibly simply be an enormous shamrock in the midst of my brow.
I do know, I do know. What about Rep TV? Full transparency: I haven’t even re-recorded 1 / 4 of it. The Status album was so particular to that point in my life, and I saved hitting a stopping level after I tried to remake it. All that defiance, that longing to be understood whereas feeling purposely misunderstood, that determined hope, that shame-born snarl and mischief. To be completely sincere, it’s the one album in these first 6 that I believed couldn’t be improved upon by redoing it. Not the music, or pictures, or movies. So I saved placing it off. There might be a time (in the event you’re into the thought) for the unreleased Vault tracks from that album to hatch. I’ve already fully re-recorded my total debut album, and I actually love the way it sounds now. These 2 albums can nonetheless have their moments to re-emerge when the time is true, if that might be one thing you guys could be enthusiastic about. But when it occurs it received’t be from a spot of unhappiness and eager for what I want I may have. It’ll simply be a celebration now.
I’m extraordinarily heartened by the conversations this saga has reignited inside my {industry} amongst artists and followers. Each time a brand new artist tells me they negotiated to personal their grasp recordings of their report contract due to this battle, I’m reminded of how vital it was for all of this to occur. Thanks for being interested by one thing that was considered too industry-centric for broad dialogue. You’ll by no means understand how a lot it means to me that you just cared. Each single little bit of it counted and ended us up right here.
Because of you and your goodwill, teamwork, and encouragement, the most effective issues which have ever been mine… lastly really are.
Elated and amazed,
Taylor
