Taylor Swift culminated his legal battle for the control of his musical catalog with an estimated transaction in $ 360 millionaccording to information from Billboard not officially confirmed.
This closes a conflict initiated in 2021 when Big Machine Records sold his masters to Scooter Braun Without her consent, triggering that the singer stopped promoting her first six albums and undertaking the re -regions Taylor’s version To devalue the original catalog.
The strategy was decisive: Shamrock Holdingsposterior acquirer of rights, initially requested $ 600 million but finally accepted $ 360 million in the face of the accelerated depreciation of the asset. According to revealed data, the firm paid $ 300 million at the time and obtained only $ 160 million in net earnings after four years, after discounting royalties and expenses.
Swift financed recovery with income from your tour The Eras Tourexpressing in networks: “All the music I have made … now … it belongs to me. (…) To say that it is my biggest dream come true is to fall short (…) your support in The Eras Tour This is why I have been able to repurchase my music “. This movement claims its historical struggle for artistic rights and marks a precedent in the industry.
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