Taylor Swift says her master tapes sold off for second time

VALERIE MACON / AFP

Taylor Swift said her master recordings had been sold off to a private equity company, denying her the chance to buy back the tapes herself and resume control over the rights to her first six albums.

"This was the second time my music had been sold without my knowledge," the 30-year-old singer wrote in a Twitter posting.

Swift also said she had begun re-recording her early songs and that it had "proven to be exciting and fulfilling".

Her comments followed a long-running feud with her former record company, Big Machine Group, and with music executive Scooter Braun over the rights to some of her biggest hits, including Shake It Off and You Belong to Me.

Braun bought the Big Machine record label in 2019 after Swift left the label in 2018 for a new deal with Universal Music Group. Braun and the pop star have been involved in a bitter public dispute ever since.

Swift, a 10-time Grammy winner, wrote on Monday that she received a letter a few weeks ago from private equity company Shamrock Holdings "letting us know that they had brought 100% of my music, videos and album art from Scooter Braun".

She added that under the terms of the sale, Braun "will continue to profit off my old music catalogue for many years".

Braun did not immediately respond to a request for comment. Hollywood trade outlet Variety reported on Monday that Braun had sold the master rights to Swift's first six albums to an investment fund in a deal believed to be worth more than $300 million.

Variety did not give the name of the investment fund.

Los Angeles-based Shamrock Holdings could not immediately be contacted for comment.

More from Entertainment

Coming Up on Dubai Eye

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

  • Afternoons with Helen Farmer

    1:00pm - 4:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!