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Taylor Swift and the opportunity to repurry your own recordings

In 2019, Scooter Braun bought the master recordings of the six Taylor Swift albums for 300 million dollars, which forced her to recording them all as “Taylor’s version.”

Taylor Swift accused Braun – who previously represented Justin Bieber and Kanye West – of being a “thug” and “the very definition of toxic male privilege in the entertainment industry.”

A year later, Braun sold the six albums to Shamrock Capital obtaining profits, but the company now seeks to sell them to Taylor Swift. The person who encouraged Shamrock capital to do it was Braun!

Taylor Swift ứng trước cơ hội mua lại các bản ghi âm của ... chính mình - ảnh 1.

Taylor Swift has the opportunity to repurify the original recordings of 6 of his own albums

“The interesting thing is that one of the people who drives this agreement is Scooter Braun, who first worked with Big Machine Records,” said a source.

The news comes a day after Swift premiered his first re -region of reputation ( Taylor’s version ) On the television program The Handmaid’s Tale .

Swift’s successful song What You Made Me Do ( Taylor’s version ) appeared during the climax of an episode of the program.

Opportunity for Taylor Swift to repurchase the copyright of 6 albums

If the singer decides to repurchase the copyright of her music, the price will be around 600 million and 1 billion dollars. The money is worth it, says Clayton Durant, founder of the Cad Management Musical Consulting.

He explained that if Swift owned the old and new recordings of his songs, he would have the right to most publication royalties. It also has total control over the song catalog, whether they are authorized for use in commercials, movies, television programs or on political rallies.

“If Swift obtains the rights of its original recordings, it will earn much more money,” Durant told Page Six . “She will continue to earn money with the original songs, but not as much as she would do with Taylor’s versions

“When he launched the re -recorded version, the original sales also shot up,” he said.

Taylor Swift ứng trước cơ hội mua lại các bản ghi âm của ... chính mình - ảnh 2.

In June 2019, Taylor Swift was bothered when Ithaca Holdings of Scooter Braun repurred 6 original albums for more than 300 million dollars.

When Swift’s original albums went on sale, she said they never offered to buy them and that she was not aware of the agreement.

However, a source told The Blast that the sale “has been discussed with people from the music industry for almost a year” and is widely known in the industry.

“Swift’s father, Big Machine Record shareholder, won 16 million dollars” with the sale and must have known about it, added the source. The emails sent at that time show that Scott Swift contributed a lot of information to the company that bought the original albums, according to TMZ .

Swift’s decision to recording six albums has caused debates throughout the industry about artists’ property about their work, how record labels and the monetization of songs work.

Taylor Swift had no idea that the master recordings of his six albums were being sold. The recordings were bought by his manager, Scooter Braun, by Big Machine Records, and then sold to Shamrock Capital. So Taylor Swift did not get any money for the sales of these recordings, although they generated 300 million dollars.

According to Reuters Scooter Braun acquired the Big Machine Records record label in 2019 after Taylor Swift left the seal in 2018 to make a new agreement with Universal Music Group. Scooter Braun and the pop star have been wrapped in a bitter dispute since then.

In 2005, when Taylor Swift was 15 years old, he signed his first contract with Big Machine Records, a seal co -founded by the Country Toby Keith music star, in Nashville.

Then he signed a contract for six more study albums. He became the youngest artist to sign with Sony/ATV Music Publishing. According to the contract, the 6 albums Taylor Swift (2006), Fearless (2008), Speak Now (2010), Grid (2012), 1989 (2014) and Reputation (2017) belong to Big Machine Records. These six albums were owned by Scooter Braun when Big Machine Records acquired in June 2019 of the founder Scott Borchetta.

When the sale was made in 2019, Taylor Swift talked about his frustration with Braun and the Big Machine Records CEO, Scott Borchetta: “Scooter took away the work of my life, something I never had the opportunity to buy.”

Source: https://thanhnien.vn/taylor-swift-va-co-hi-Mua-lai-Cac-ban-ghi-Am-cu-chinh-mo-minh-185250522084100132.htm

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