Taylor Swift Reveals She Did Not Buy Her Masters and is Re-Recording Old Music After Recent Sale

Tamara Fuentes
·3-min read
Photo credit: Getty Images
Photo credit: Getty Images

From Seventeen

[Updated 11/16/2020 6:45 PM ET]: Taylor Swift has revealed that she is not behind the recent purchase of her master recordings from Scooter Braun and Big Machine Records.

In a brand new post on her Instagram, Taylor set the record straight when the news broke about the sale and even revealed that the investment fund behind it, Shamrock Holdings, contacted her about them before going through with the sale.

"A few weeks ago my team received a letter from a private equity company called Shamrock Holdings, letting us know that they had bought 100% of my music, videos, and album art from Scooter Braun. This was the second time my had been sold without my knowledge. The letter told me that they wanted to reach out before the sale to let me know, but that Scooter Braun had required that they make no contact with me or my team, or the deal would be off."

Taylor continued her note to reveal that despite the sale, Scooter would continue to profit from the masters. She wrote Shamrock a separate letter saying she would not support the sale because of Scooter's attachment and that she has also recently started re-recording her music.

"I have recently begun re-recording my older music and it has already proven to be both exciting and creatively fulfilling. I have plenty of surprises in store. I want to thank you guys fro supporting me through this ongoing saga, and I can't wait for you to hear what I've been dreaming up," she continued. "I love you guys and I'm just gonna keep cruising, as the say it."

Check out Taylor's full note and letter below:

[Original post]:

Taylor Swift's masters have officially been sold by Scooter Braun and Big Machine Records, but now fans are wondering if she bought them back or not.

Variety has reported that the masters were sold to an unknown buyer, "an investment fund, is as yet unknown but the deal is believed to be north of $300 million and closed in the last two weeks."

While Taylor has kept quiet about the situation so far, fans are now thinking that she is the one who bought them based off of some of her most recent interviews and song lyrics.

Several fans on Twitter pointed out her using the word 300 million in her recent Musicians on Musicians interview for Rolling Stone with Paul McCartney. At one point Taylor pointed out how much she loves working under a pseudonym and also said "300 million" when talking performing some of her greatest hits.

Another fan pointed out the lyrics "and then it was bought by me" from her song "The Last Great American Dynasty" from her recent album, Folklore. While the album was released back in July, there's a good chance that conversations around the sale were happening then before becoming official these past few weeks.

As of November 2020, Taylor is officially able to re-record her past albums so she can get new masters for them. While re-recording to allow her to get new masters, the owner of the old ones would still have the power to sell the rights to the music for a variety of things like music samples, use in commercials or TV, or any other projects that may want to use it.

Since the buyer is still a total mystery, this is all just guesses for now. But hopefully Taylor shocks us all and reveals she has something hidden up her sleeve in all this craziness.

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