Taylor Swift has long been teasing a huge announcement to her fans
Taylor Swift has made a massive announcement about her music.
Some years ago, Scooter Braun’s company Ithaca Holdings LLC purchased Big Machine Label Group and all of its recorded music assets, which included Swift’s first six albums.
Braun proceeded to sell the master rights to those albums, meaning that the ‘Bad Blood’ singer did not own the rights to her own music.
It’s thought that Braun sold the masters to these records to the private equity firm Shamrock Capital for a reported $300 million.
But, after years of fighting, Swift now officially owns all of her music.
Announcing the news in a heartfelt letter shared to her website, the history-making singer said: “I almost stopped thinking it could ever happen, after 20 years of having the carrot dangled and then yanked away. But that’s all in the past now. All of the music I’ve ever made … now belongs … to me.”
Taylor Swift now owns all of her music (Matt Winkelmeyer/Getty Images for The Recording Academy)
“To say this is the greatest dream come true is actually being pretty reserved about it,” Swift went on to say of the news.
“To my fans, you know how important this has been to me – so much so that I meticulously re-recorded and released 4 of my albums, calling them Taylor’s Version. The passionate support you showed those albums and the success story you turned The Eras Tour into is why I was able to buy back my music.
I can’t thank you enough for helping to reunite me with this art that I have dedicated my life to, but have never owed until now.”
