The American singer and songwriter Taylor Swift He announced this Friday that he bought the rights of his first six albums, ending a six -year battle for the property of his work.
“All the music I have made … Now … it belongs to me,” said the artist in a handwritten letter published on her website, in which she thanks her fans for the “passionate” support during her battle to recover the rights of her first studio albums after the record record in which she recorded them was sold.
This includes, “the musical videos, the movies of my concerts, the art and photography of my albums, the unpublished songs, the memories, the magic, the madness. Each tour. All the work of my life,” he explains. “Saying that my biggest dream has come true is little,” says the 35 -year -old superstar that began his career in country music.
Swift would have paid to the Shamrock Holdings investment fund, the last owner of his music, 360 million dollars to acquire the rights of his work, according to Billboard publication.
This agreement ends a battle for the rights of its music that has lasted six years, since in the summer of 2019 the magnate of the Scooter Braun industry bought the Big Machine record, which published the first six albums of the artist.
Braun then sold it to the Shamrock Holdings investment fund for allegedly 300 million dollars.
The Pop megaestrella began to rewrite with great success four of the first six albums that carry the seal “Taylor’s version”, in an effort to devalue the original recordings.
The other two, “reputation” (2017) and the first “Taylor Swift”, which has already re -recorded, “can have their time to re -redeet at the appropriate time”, if the fans want it, says the winner of four Grammy for the best album, the first artist to get it, surpassing Frank Sinatra, Stevie Wonder and Paul Simon.
“Without ties”
“All I have always wanted is to have the opportunity to work hard enough to be able to buy my music without ties, without association, with total autonomy,” writes Swift.
The composer of one of the greatest planetary successes, “All Too Well”, appreciates the “passionate support” of her fans and the successful two -year -old tour -which concluded last December with a collection of more than 2,000 million dollars after 179 concerts of more than three hours each-, which have allowed him to “buy” his music, he writes.
Likewise, he thanks the Shamrock Capital Fund to negotiate with her. “It was a commercial agreement for them but I feel that they understood what I supposed for me: my memories and my sweat, my writing, and my decades of dreams,” he says.
The heated dispute, together with the determination of the singer to recording her first albums, opened an argument about who is the owner of an artist’s work, in addition to the conditions in which young talents sign their contracts.
The owner of the lucrative ‘masters’ – unique material used to create vinyl, CD and digital copies – has power to determine how the songs are sold and reproduced.
Nashville Big Machine’s label published “Fearless” in 2008, a first great success that mixed pop and country that would give four Grammys to Swift, including the best album of the year, and that sold more than 10 million copies in the United States.
Shortly before the disagreements between Swift and Braun became public, the star signed a new great contract with the Universal Music group that gave him control of his ‘masters’ from then on.
