Taylor Swift Reclaims Her Music: A Billionaire Story and Taylor's Version
Automatic translation. Read the Russian original
Taylor Swift has achieved historic success by acquiring the rights to her first six albums from third parties. This long and high-profile dispute, which began with the acquisition of these rights by businessman Scooter Brown in 2019, turned her into one of the most influential pop stars in the world and the person of the year according to Time magazine. The new series of albums "Taylor's Version" became a real bestseller of the 2020s.
Swift paid an “undisclosed nine-figure sum” to acquire the half-dozen records (estimates vary, but insiders lean toward the figure of about $300 million that Shamrock Capital originally paid). This deal covers not only music tracks, but also music videos, concert films and art objects, representing the "memories, magic, madness" of her entire creative career.
Swift thanked Shamrock Capital for the "fair, fair and respectful" talks. She admitted that she has not even remade a quarter of the album Reputation, and promises to release outtakes (bright editions) of the corresponding era, but believes that her debut album is the only one of the first six that “can not be improved by remaking”. "Taylor's Version" continues to sell, and Swift plans to continue re-releases of original versions of her early albums, which will undoubtedly increase her financial success.