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4w ago

Taylor Swift Reclaims Rights to Her First Six Albums

Her purchase from Shamrock Capital ends a six-year dispute, highlighting masters ownership as a critical asset in the streaming era.

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Taylor Swift chante lors d'un concert à l'Arena Paris-La Défense, le 9 mai 2024 à Nanterre
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Overview

  • On May 30, Taylor Swift announced she had bought back the rights to her first six albums from Shamrock Capital, concluding her long-running battle over her masters.
  • The transaction resolves the fallout from Scooter Braun’s 2019 acquisition of Big Machine Records and the subsequent 2020 sale of Swift’s masters to Shamrock Capital.
  • Prior to the deal, Swift re-recorded four of her early albums as “Taylor’s Version” to secure creative control and offer fans new masters.
  • Swift praised Shamrock Capital for its respectful handling of the sale, though she has not disclosed the transaction’s financial terms.
  • The move underscores the value of master ownership for artists in a $29.6 billion global recorded music market driven by streaming and licensing revenues.