{"id":28667,"date":"2020-11-19T14:48:45","date_gmt":"2020-11-19T14:48:45","guid":{"rendered":"http:\/\/routenote.com\/blog\/?p=28667"},"modified":"2021-11-16T13:37:15","modified_gmt":"2021-11-16T13:37:15","slug":"scooter-braun-sells-the-masters-of-taylor-swifts-albums-for-over-300m","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/scooter-braun-sells-the-masters-of-taylor-swifts-albums-for-over-300m\/","title":{"rendered":"Scooter Braun sells the masters of Taylor Swift’s albums for over $300m"},"content":{"rendered":"\n

After purchasing Big Machine Label Group, including Taylor Swift’s masters, Scooter Braun sells these on just 18 months later.<\/span><\/h2>\n\n\n\n

Scooter Braun purchased Big Machine Label Group in June last year for around $330m, this acquisition included the master rights to Taylor Swift’s first six albums recorded before the artist signed with Universal Music Group in 2018.<\/p>\n\n\n\n

After the acquisition, Taylor Swift said “This is my worst case scenario.” “Never in my worst nightmares did I imagine the buyer would be Scooter.” Describing how upset she was that Scooter Braun could own and generate revenue from much of her life’s work, describing him as “the definition of toxic male privilege in our industry.”<\/p>\n\n\n\n

This week saw Scooter Braun selling the master rights to Taylor Swift’s albums to investment fund Shamrock Holdings for an estimated $300m-450m. This marks a massive win for Scooter, after acquiring the entire label for a similar amount just 18 months ago.<\/p>\n\n\n\n

Taylor Swift released a statement and an open letter to Shamrock, describing her negotiations with Scooter when trying to buy back her masters.<\/p>\n\n\n\n

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Been getting a lot of questions about the recent sale of my old masters. I hope this clears things up. pic.twitter.com\/sscKXp2ibD<\/a><\/p>— Taylor Swift (@taylorswift13) November 16, 2020<\/a><\/blockquote>