The Taylor Swift Album Master Saga: Who Owns Them in 2024?
The Taylor Swift Saga Continues: Who Owns Her Original Album Masters in 2024?
Taylor Swift, the iconic singer-songwriter, is making waves once again in the music industry. Despite winning Album of the Year at the Grammys and embarking on an international tour, Taylor Swift is also re-releasing her first six albums. But why is she doing this?
In 2019, Taylor Swift parted ways with her original label, Big Machine Label Group, and signed with Republic Records. Around the same time, her former label’s CEO, Scott Borchetta, sold the masters of her first six albums to Ithaca Holdings, LLC, owned by Scooter Braun. This move sparked controversy and led Taylor to write a heartfelt letter on her Tumblr account.
In 2020, Scooter Braun sold Taylor’s original masters to a private equity company, Shamrock Holdings, for a whopping $300 million. Despite Taylor’s efforts to buy back her masters, Shamrock Holdings still owns the rights to her original album masters in 2024.
This ongoing saga has not stopped Taylor Swift from re-recording her albums, known as “(Taylor’s Version),” in an effort to reclaim ownership of her music. Fans, known as Swifties, have rallied behind her as she continues to navigate the complexities of the music industry.
As Taylor Swift continues to break records and captivate audiences worldwide, the question remains: who will ultimately own her original album masters in the ever-evolving landscape of the music industry? Stay tuned for more updates on this captivating story.