John Ruich
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, it is the product of years of disputes. Taylor Swift's first six albums came out on a label called Big Machine Records. In 2019, after she'd completed that contract, Big Machine was sold to a group led by her former manager, Scooter Braun. The next year, he sold the masters to a group called Shamrock Holdings. Taylor Swift was furious.
Yeah, it is the product of years of disputes. Taylor Swift's first six albums came out on a label called Big Machine Records. In 2019, after she'd completed that contract, Big Machine was sold to a group led by her former manager, Scooter Braun. The next year, he sold the masters to a group called Shamrock Holdings. Taylor Swift was furious.
She still coveted ownership of her masters and felt like she'd been kind of denied the chance to bid on her own work. And so she set about recording new versions of those albums herself, basically to create a new set of master recordings that she would control. But she has openly wished for years that she could acquire those rights and to essentially own her entire career output outright,
She still coveted ownership of her masters and felt like she'd been kind of denied the chance to bid on her own work. And so she set about recording new versions of those albums herself, basically to create a new set of master recordings that she would control. But she has openly wished for years that she could acquire those rights and to essentially own her entire career output outright,
She still coveted ownership of her masters and felt like she'd been kind of denied the chance to bid on her own work. And so she set about recording new versions of those albums herself, basically to create a new set of master recordings that she would control. But she has openly wished for years that she could acquire those rights and to essentially own her entire career output outright,
How much did this cost Taylor Swift to get back her own masters? Billboard magazine is reporting that she paid roughly $360 million and that that's not far off from what Shamrock Holdings paid. What does it mean for an artist to own their own master recordings? Well, Taylor Swift has always retained publishing rights to her songs. She writes her own material.
How much did this cost Taylor Swift to get back her own masters? Billboard magazine is reporting that she paid roughly $360 million and that that's not far off from what Shamrock Holdings paid. What does it mean for an artist to own their own master recordings? Well, Taylor Swift has always retained publishing rights to her songs. She writes her own material.
How much did this cost Taylor Swift to get back her own masters? Billboard magazine is reporting that she paid roughly $360 million and that that's not far off from what Shamrock Holdings paid. What does it mean for an artist to own their own master recordings? Well, Taylor Swift has always retained publishing rights to her songs. She writes her own material.
That's part of what allowed her to re-record the albums herself. But owning the masters means that she has complete control of how her music is used. like the actual recordings themselves. She can authorize their use on soundtracks and commercials, however she wants. And it goes without saying that the catalog for an artist like Taylor Swift is worth an absolute fortune.
That's part of what allowed her to re-record the albums herself. But owning the masters means that she has complete control of how her music is used. like the actual recordings themselves. She can authorize their use on soundtracks and commercials, however she wants. And it goes without saying that the catalog for an artist like Taylor Swift is worth an absolute fortune.
That's part of what allowed her to re-record the albums herself. But owning the masters means that she has complete control of how her music is used. like the actual recordings themselves. She can authorize their use on soundtracks and commercials, however she wants. And it goes without saying that the catalog for an artist like Taylor Swift is worth an absolute fortune.
It's no longer a tradable asset to anyone but Taylor Swift herself. And I think it's safe to say that her catalog is no longer for sale.
It's no longer a tradable asset to anyone but Taylor Swift herself. And I think it's safe to say that her catalog is no longer for sale.
It's no longer a tradable asset to anyone but Taylor Swift herself. And I think it's safe to say that her catalog is no longer for sale.
There's definitely precedent for it. You know, artists have gone back and reacquired their rights. Jay-Z, Rihanna, you know, a few others have gone back and gone through the process of purchasing their own works. But she's kind of trying to set a template for other artists going forward to make sure that in the deals they sign, they have the opportunity to reacquire control of their own work.
There's definitely precedent for it. You know, artists have gone back and reacquired their rights. Jay-Z, Rihanna, you know, a few others have gone back and gone through the process of purchasing their own works. But she's kind of trying to set a template for other artists going forward to make sure that in the deals they sign, they have the opportunity to reacquire control of their own work.
There's definitely precedent for it. You know, artists have gone back and reacquired their rights. Jay-Z, Rihanna, you know, a few others have gone back and gone through the process of purchasing their own works. But she's kind of trying to set a template for other artists going forward to make sure that in the deals they sign, they have the opportunity to reacquire control of their own work.
Well, in the statement that she made on her website, she said she's still going to put out those Taylor's versions of the other two records that haven't come out yet. Her self-titled debut from 2006 and her album Reputation from 2017. She said the debut record is basically done. It's ready to be released.
Well, in the statement that she made on her website, she said she's still going to put out those Taylor's versions of the other two records that haven't come out yet. Her self-titled debut from 2006 and her album Reputation from 2017. She said the debut record is basically done. It's ready to be released.
Well, in the statement that she made on her website, she said she's still going to put out those Taylor's versions of the other two records that haven't come out yet. Her self-titled debut from 2006 and her album Reputation from 2017. She said the debut record is basically done. It's ready to be released.