2/19/2024 0 Comments Big machine records phone number'The next Taylor Swift' is not what the world needs Swift said this was a “ worst case scenario,” since she claimed that she was bullied by Braun for years. Braun’s Ithaca Holdings acquired Big Machine Label Group as part of a reported $300 million deal in 2019. Her previous catalog at Big Machine was sold to a company owned by music manager Scooter Braun. When that ended in 2018, the singer signed a new agreement with Universal Music Group, which granted her ownership of her master recordings going forward. But ownership of her recordings runs deeper than just dollars and cents.įor the majority of her career, Swift had a deal with Big Machine Records. Owning the masters to such hits as “Love Story” - the rerecording of which debuts at midnight on Friday - will likely net Swift a cash windfall. “Taylor has a very dedicated and loyal fan base, and her voice is powerful enough to persuade her fans to abandon her old recordings and listen to these new ones that she now owns,” she said. Taylor Swift's rerecording of her hit album, "Fearless," debuts on April 9. Rerecording her songs is a “great strategy” for Swift, according to Elton. What happens to them is really entirely up to her.” ![]() “Now Taylor is making these recordings and putting them out. “The artist gets paid a percentage of the revenue generated by the recording, but they’re not in control,” Elton added. When a recording artist signs with a label, the typical legal arrangement grants the record company ownership of the copyrights of the recordings. “She’s in complete control of the recordings now, even though this doesn’t change the control of the old recordings.” She’s not happy about this,” Serona Elton, director of the music business program at the University of Miami Frost School of Music, told CNN Business. “The recordings she made originally were made at a different time and under different contractual and legal objections. Another way to think about it is that Swift is declaring of the masters, “ you belong with me.” Now it's booming againīy rerecording her hits, Swift can reclaim control over her recordings, or at least the new “Taylor’s Version” of them. ![]() The music industry was left for dead a few years ago. (Photo by Kevin Winter/Getty Images for dcp) Kevin Winter/Getty Images North America/Getty Images for dcp LOS ANGELES, CALIFORNIA - NOVEMBER 24: Taylor Swift performs onstage during the 2019 American Music Awards at Microsoft Theater on Novemin Los Angeles, California.
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