Taylor Swift announced that he bought all his musical catalog again, which was in the hands of Shamrock Capital. The transaction was about US $ 360 millionas reported Billboard and with her the interpreter recovers the original recordings she made for Big Machine Label Group.
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“All the music I have created … now it belongs to me,” Swift shared in an official message. He added that the transaction also returns the control of “the covers and photographs of the albums. Unpublished songs” and “The work of my whole life.”
The millionaire operation puts an end to a legal drama that began in 2019 when Ithaca Holdings, owned by producer Scooter Braun, bought The Big Machine Label Group label for US $ 300 million. The transaction included the ownership of the first six albums that Swift recorded with the company, such as “Fearless” and “Red”, which placed it in the pop scene.
The other albums contemplated in the operation are their debut album “Taylor Swift” (2006), “Speak Now”, “1989” and “reputation.”
The acquisition of the catalog prevented the singer from using her own recordings and chose to relaunch each of those albums in the so -called “Taylor’s version.” Each re -recorded album allowed it to exploit said repertoire commercially.
In 2020, Swift’s original recordings were sold to the Shamrock Capital company, in a transaction that did not contemplate the singer. “This was the second time they sold my music without my knowledge,” he said at the time.
The future of Taylor Swift’s music
The details of the new transaction were not disseminated. However, the composer also thanked the company. “For them it was a commercial treatment, but I felt that they saw him like what was for me: my memoriesmy sweat, my writings by hand and decades of dreams, “he wrote.” My first tattoo could be a huge shamrock in the middle of my forehead, “he added.
The singer’s discography includes “Lover” (2019), “Folkore” (2020), “Evermore” (2020), “Midnights” (2022) and “The tortured poets department” (2024), subsequently recorded with Republic Records.
Swift still has pending the publication of the new version of its first homonym and “reputation” (2017), of which you have barely recorded a quarter, he explained. Both albums can “resurface when the right time.”
Swift, defender of intellectual property
The recovery of her catalog consolidates the singer, nicknamed “the industry” due to its impact on the musical sector, as a defender of the intellectual property of singers and producers. In 2014, He removed his entire Spotify catalog citing the reduced payments of royalties that musicians usually receive by streaming companies. Three years later, his catalog was available again.
Swift has become one of the biggest pop stars of recent times. Your tour “The Eras Tour” was the first in history to generate sales of US $ 2 billion dollarsaccording to The New York Times.
The tour was extended for 21 months and a movie and a book came off. His passage through the different countries generated a millionaire economic spill that experts called “swiftconomy.”
Updated note at 11:40. Update from paragraph 7 with details about the sales of your discs and figures on your tour.
