Music Mondays – Swift’s Masters Sold For $300M

Taylor Swift recently announced that she is rerecording her entire catalog with Big Machine, as Scooter Braun looks to confirm the sale of her master recordings to a private equity company, Shamrock Holdings, for $300 million. Making it the second time her music, videos, and album art had been sold without her knowledge.

The singer’s Twitter statement said that “my team attempted to enter into negotiations with Scooter Braun. Scooter’s team wanted me to sign an ironclad NDA stating I would never say another word about Scooter Braun unless it was positive, before we could even look at the financial records of BMLG (which is always the first step in a purchase of this nature). So, 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.”

– Excerpt from an article for Variety by Chris William. Read the full article here.

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