Taylor Swift speaks out after Scooter Braun offered her masters recordings for $ 300 million
The bad blood between Taylor Swift and Roller brown It’s unlikely to go away anytime soon.
Swift took to Twitter Monday, November 16, to respond to reports that Braun recently sold the Big Machine Label Group, which holds the master rights to Swift’s first six albums. Variety reported that the sale exceeded $ 300 million that Braun’s Ithaca Holdings LLC originally paid to purchase Swift’s former record label in June 2019.
Her tweet included two screenshots: a long message to her fans and a letter she sent to the mutual fund that bought the rights to her master recordings from Braun.
“I’ve had a lot of questions about my old masters’ recent sale,” she wrote. “I hope that clears things up.”
The “Betty” singer stated that her team had previously hoped to strike a deal with Braun to regain ownership of their masters, but that Braun’s side had insisted on signing an NDA to ensure they never get one negative word about the veteran music would speak managers. For this reason, terms of the contract were never discussed.