Taylor Swift, a pop sensation, has reclaimed the rights to her entire back catalog, according to a statement released on Friday. She has been embroiled in a dispute with record companies since 2019 over ownership of her music.
After years of conflict over her first six albums, some of which she rererecorded to make copies of herself, she wrote on her website, “All of the music I’ve ever made… now belongs… to me.”
She wrote in a letter to her devoted followers, “Being pretty reserved about it is actually saying this is my greatest dream come true.”
You are aware of how significant this has been to me, so much so that I meticulously re-recorded and recorded four of my albums under the name Taylor’s Version, in front of my fans.
The Grammy-winning songs “Reputation” and “Taylor Swift” were among those records.
For an undisclosed sum, Swift repurchased her master’s from LA investment firm Shamrock Capital.
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Following a public dispute with her one-time manager, her former label owner, Scooter Braun, whose company had purchased her previous label and acquired a majority stake in her early work, the re-recording power decision was made.
In the future, he sold Swift’s master rights to a private equity firm.
This fight, please.
Swift was upset about the situation, saying in a statement, “I just think artists should own their work.”
She has previously told AFP that Ralph Jaccodine, a professor at the Berklee College of Music, “she’s a vocal advocate for artists’ rights.” She has “built her own brand,” she says.
Before her public efforts to regain control of her work, Jay-Z, Jay-Z, and Kanye West also fought for control of their masters, who were unique source material that dictated how songs were distributed and sold, but none had gone so far as to completely re-record them.
The pop queen, whose nearly two-year, $ 2 billion Eras tour shattered records, declared that she was heartened by the discussions that this saga has rekindled in my industry.
Swift’s lucrative tour, which ended last year, was a showbusiness success, and it will have helped pay for the cost of returning her catalog.
The 149 shows spanned the average length of more than three hours each.
Millions of fans bought tour tickets, many of whom didn’t show up and were willing to sing along from the parking lot, for sometimes exorbitant prices.
I’m reminded of how crucial it was for everything to happen when a new artist claims they brokered with me to buy their master recordings because of this conflict, Swift wrote in her letter.
Source: Channels TV
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