On May 30, Taylor Swift touched fans when she posted a handwritten letter announcing "the most wonderful dream come true" on her personal website. According to the artist, the deal with Shamrock Capital - the private company that bought the copyright of her album from Scooter Braun in 2020 - was based on "honesty, fairness and respect". Swift also said that she was able to buy back the entire copyright thanks to the success of The Eras Tour .
Now, the singer owns all the music videos, concert films, album covers, and photos, along with unreleased songs. "I am forever grateful to everyone at Shamrock Capital for being the first to bring this to me," Taylor Swift wrote. The artist said that for the company, it was just a business deal, but they thought about her "memories, sweat, handwritten music, and decades of nurturing her dream."
Additionally, the artist mentioned re-recording her self-titled debut album Taylor Swift (2006) and Reputation (2017) - two of the six projects that were purchased along with Fearless (2008), Speak Now (2010) , Red (2012), 1989 (2014). Since Scooter Braun bought Swift's music in 2019, she has released four remastered albums and labeled them Taylor's Version to distinguish the older versions . She also added previously unreleased songs, listing them under the From the Vault Tracks category.
A recent re-recording of Reputation 's Look What You Make Me Do appeared on the TV series The Handmaid's Tale , leading fans to believe that she was about to release a full discography. However, in a letter, the artist admitted that she had not completed a quarter of the album because the work was tied to a special moment in her career, and she was constantly delayed when trying to make it. However, the singer confirmed that Taylor Swift was finished. "When they were released again, they were no longer songs born from sadness or longing for what I wished I could have. Now, they were just a way to celebrate everything," she wrote.
International media commented that Taylor Swift's pursuit of copyright has raised debates about copyright ownership and artist rights in the music industry. In the letter, she also mentioned that issue, saying that she was "excited" to see her story spark many discussions among artists and fans. "Every time a new artist tells me that they negotiated to have the master in their record contract because of this fight, I am reminded of the importance of the whole thing," she wrote.
Taylor Swift and her partner have not yet disclosed the specific amount of money to buy back the intellectual property. Previously, a newspaper reported that the Fortnight singer spent between $600 million and $1 billion on the deal, but a source close to the artist denied it. They said Taylor Swift offered an "extremely fair and reasonable" figure, close to the $300 million the company is said to have paid Scooter Braun.
Additionally, they emphasized that the producer was not involved in the sale, and that all credit goes to Shamrock Capital and Taylor Swift's team. On the same day, he congratulated Taylor Swift on the successful transaction. He told Variety : "I feel happy for her."
The copyright battle began when Scooter Braun bought Big Machine Label Group (Swift's management company from 2006 to 2018) for $300 million in 2019, gaining the rights to purchase and release Taylor Swift's first 6 albums.
The deal cost the singer the chance to reclaim the rights to her own compositions, as the two had a falling out. On her personal page, she posted a letter calling the issue "the worst-case scenario", announcing that she would reclaim the rights to the songs by re-recording six albums.
"I want to own my music and I believe that any artist who wants to do that can do it," Swift told the audience during the Minneapolis leg of The Eras Tour in 2023. At that time, she had just released Speak Now (Taylor's Version) .
In June 2024, the documentary about the two feuds - Taylor Swift vs Scooter Braun: Bad Blood - premiered globally on the Max platform. In two-hour episodes, viewers follow the entire story of their relationship, exploring the complexities of music ownership. The film also delves into the opposing sides of the dispute. The project features legal experts, journalists, and people close to Taylor Swift and Scooter Braun.
Taylor Swift, 36 years old, is known as the "country music princess" of the American music industry. She debuted in 2006 and quickly achieved many successes. In addition to her beautiful voice, the singer has the ability to compose and create many hits in her career. In nearly 20 years of working, she has received 14 Grammy gold statues, 30 VMAs trophies, and organized many large tours such as The Eras Tour . The tour's revenue reached more than 2 billion USD, helping her enter the ranks of billionaires with a fortune of 1.6 billion USD, according to Forbes .
TH (according to VnExpress)Source: https://baohaiduong.vn/taylor-swift-mua-lai-toan-bo-ban-quyen-nhac-cua-co-412849.html
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