Scooter Braun Sells Taylor Swift's Masters in 9-Figure Deal (Report)
Braun’s ownership of Swift’s first six albums sparked a public feud with the artist last year
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After a long and public feud, Scooter Braun’s Ithaca Holdings has sold the master rights to Taylor Swift’s first six albums to an undisclosed investment fund, according to Variety.
The deal is “believed to be north of $300 million,” according to Variety’s sources. Representatives for Ithaca did not return TheWrap’s request for comment.
Braun came to own the masters in 2019 when Ithaca acquired Big Machine Label Group in June. Swift, who was signed to Big Machine before leaving for Republic Records in 2018, spoke out against the deal on social media at the time.
Swift, saying she felt “sad and grossed out” about the deal, linked Braun to her past disputes with Kanye West and Kim Kardashian in a statement shared to her Tumblr page. “My musical legacy is about to lie in the hands of someone who tried to dismantle it,” she wrote at the time.
The post sparked a prolonged back and forth between Swift and Braun’s camps, with Braun at one point saying Swift incited death threats against him and his family.
Swift has also announced plans to re-record her old hits in order to circumvent Braun’s ownership, which became allowable under her contract with Big Machine as of this month.
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