Taylor Swift Spoke Out After Scooter Braun Sold Her Masters for Over $300 Million
Taylor Swift confirmed on Twitter that Scooter Braun sold the master rights to her first six albums to private equity company Shamrock Holdings.
- Taylor Swift confirmed that Scooter Braun sold the master rights to her first six albums to private equity company Shamrock Holdings.
- "This was the second time my music had been sold without my knowledge," she wrote on Twitter.
- Swift said she attempted to buy back her masters from Braun, but his team demanded she sign an "ironclad NDA" before even entering into negotiations.
Taylor Swift confirmed on Twitter that Scooter Braun sold the master rights to her first six albums, after Variety reported Monday that Braun had earned over $300 million in a deal with an investment fund. In a statement shared on Twitter, Swift said she was contacted by private equity company Shamrock Holdings to confirm their purchase of her masters. "This was the second time my music had been sold without my knowledge," she wrote. Swift and Braun have been locked in a dispute over the artist's masters since June 2019, when Braun bought Swift's former record label, Big Machine Records—and with it, the rights to her first six albums.
Swift stated that she'd been "actively trying to regain ownership of [her] master recordings," but Braun's team refused to even enter into negotiations unless she signed an "ironclad" non-disclosure agreement pledging to "never say another word about Scooter Braun unless it was positive."
"I would have to sign a document that would silence me forever before I could even have a chance to bid on my own work," Swift wrote. "He would never even quote my team a price. These master recordings were not for sale to me."
Been getting a lot of questions about the recent sale of my old masters. I hope this clears things up. pic.twitter.com/sscKXp2ibDNovember 16, 2020
According to Swift, she was "hopeful and open to the possibility of a partnership with Shamrock Holdings," but subsequently learned that Braun "will continue to profit off [her] old musical catalog for many years" under the terms of the sale. In a letter to the private equity group she shared on Twitter, she wrote, "I simply cannot in good conscience bring myself to be involved in benefiting Scooter Braun's interests directly or indirectly."
Swift confirmed that she'd started re-recording her old music, calling the process "both exciting and creatively fulfilling" and adding, "I have plenty of surprises in
RELATED STORIES
Stay In The Know
Get exclusive access to fashion and beauty trends, hot-off-the-press celebrity news, and more.
Emily Dixon is a British journalist who’s contributed to CNN, Teen Vogue, Time, Glamour, The Guardian, Wonderland, The Big Roundtable, Bust, and more, on everything from mental health to fashion to political activism to feminist zine collectives. She’s also a committed Beyoncé, Kacey Musgraves, and Tracee Ellis Ross fan, an enthusiastic but terrible ballet dancer, and a proud Geordie lass.
-
Do Your Stressed Winter Skin a Favor and Invest In Barrier Repair
14 expert-approved products for soothed, glowy skin, ahead.
By Ariel Baker Published
-
20 On-Sale Beauty Finds to Conquer the Winter Season
It's time to add some hydration to your routine.
By Brooke Knappenberger Published
-
Netflix Is Adapting One of #BookTok's Favorite Romances—Here's What We Know About Ana Huang's 'Twisted Love' TV Series
Could this be the next 'Bridgerton' or 'Tell Me Lies?'
By Quinci LeGardye Published
-
Travis Kelce Shares Thoughts on NYC Trip With Taylor Swift, Says He "Didn't Do Anything" for New Year's Eve
“I love the big city."
By Kristin Contino Published
-
Joe Alwyn Says He’s Moved On from His Relationship with Taylor Swift—And Other People Need to Do the Same
“We’re talking about something that’s a while ago now in my life," the actor said of the 2023 split.
By Kayleigh Roberts Published
-
Taylor Swift and Travis Kelce Had a “Romantic” but Low-Key New Year's Eve
It was *much* more chill than how they celebrated last NYE.
By Kayleigh Roberts Published
-
Travis Kelce Couldn't be Happier About This Star's Mom Becoming "a Full Swiftie"
All was revealed on the Jan. 2 episode of his 'New Heights' podcast.
By Kristin Contino Published
-
Travis Kelce Will Move With Taylor Swift "Anywhere She Wants" to Start a Family After He Retires from the NFL
A source close to the Swift and Kelce says the way the Kansas City Chiefs' season plays out over the next few months will likely determine what the next few years look like for the couple.
By Kayleigh Roberts Published
-
Taylor Swift's Relationship with Travis Kelce Has "Shifted Her Priorities"
A source close to Swift that "falling in love with Travis so deeply" has "given her a new outlook on life."
By Kayleigh Roberts Published
-
The Fan Who Was Mistaken for Taylor Swift in Viral Posts from the Chiefs/Steelers Game Set the Record Straight on TikTok
"At the end of the game, a staff member came up to me, and they're like, 'you know you're all over Twitter and TikTok, right?'"
By Kayleigh Roberts Published
-
Fans Think Dolly Parton Will Be Featured on 'Taylor Swift (Taylor's Version)'
Swift has long admired Parton, who she once described as "a force of evolution and transformation in our industry."
By Kayleigh Roberts Published