Scooter Braun Sells off Taylor Swift Early Catalog and Banks Fat Stacks

The sale came at an estimated $300 Million

Share 

Taylor Swift and Scooter Braun

Just Announced category interest

In an announcement that came as really no surprise to anyone, especially after the dustup and barbs exchanged over the past several months, Scooter Braun has sold the master rights to Taylor Swift's first six studio albums a mere 18 months after puirchasing them in an acquisition that also included the rest of Big Machine Label Group's assets. 

The sale was estimated in a story by Variety Magazine to be somewhere in the ballpark of $300 million, and the purchser, an investment fund, remains unnamed at press time. Scooter Braun's company, Ithaca Holdings LLC, purchased Swift's former label, Big Machine Records, founded by Scott Borchetta, in June of last year for around the same amount as today's purchase. That initial purchas included all of BMLG's assets, clients, current deals, publishing rights, andamp; master recordings. 

As has been made abundantly clear in the press, Swift is free to re-record the songs from her first five albums, which were part of today's sale, though that idea has been almost universally panned by the music industry as reactionary and unwise. Songs tend to not retain their initial value when re-recorded after a long period of time and never quite make the impact they once did. Sometimes it's just best to move on and move up. Several of Swift's contemporaries have come to her side with support of her announcement that she intended to re-release the songs, but that support may just be mere comeraderie rather than well thought out strategic advice. It also seems that Swift may be considering re-recording the songs simply to spite Braun, whom she has publicly accused of being a "bully". As Braun no longer controls those masters, it will be interesting to see if Swift moves forward with her plans or scraps them, so as not to devalue her previous work with what could be watered down re-workings of the same tunes. 

Time will tell. 

More Photos

Share 

More from Just Announced

Qobuz and Festival Bach Montréal-Off-Bach Return to Present Three Weeks of Classical Music Concerts
Just Announced

Qobuz and Festival Bach Montréal-Off-Bach Return to Present Three Weeks of Classical Music Concerts

Festival Bach Montréal is just one of the many music-first partnerships Qobuz has forged this year

The Zutons Announce Spring 2025 UK Headline Tour
Just Announced

The Zutons Announce Spring 2025 UK Headline Tour

Tickets will be on general sale from Friday 22nd November 2024 at 9am GMT

Seeker Music Acquires The Wombats’ Platinum-Selling Publishing Catalog
Just Announced

Seeker Music Acquires The Wombats’ Platinum-Selling Publishing Catalog

 

Deal includes The Wombats’ first four albums

The Velveteers Announce 2025 U.S. Tour Dates Around New Album A Million Knives, Out February 14 On Easy Eye Sound
Just Announced

The Velveteers Announce 2025 U.S. Tour Dates Around New Album A Million Knives, Out February 14 On Easy Eye Sound

 

Colorado Trio Bring “Monstrous Sound” (Under The Radar) Across California, Texas, Their Home State And More

Sign up forArtistAndFan Newsletters

Keep in touch with everything onArtistAndFan. Sign up for our newsletter!
 








Stats
Elapsed time: 0.4219 seconds
Memory useage: 2.77MB
V2.geronimo