Wow. In one of the biggest turns of events ever, Taylor Swift might no longer need her 'Taylor's Versions'. She has allegedly just been offered the chance to buy back the rights to her original six albums. You heard that right. The beef that broke the internet for a while might be over. Taylor Swift can now become the sole owner of her music. (I know crazy that the artists weren't already, but hey, the music industry is weird.)
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Taylor's Version Of Making Stupid Money?
Yeah, it's crazy what buying the rights back to her music could do for her. But let's not get ahead of ourselves. What is actually going on here? Well, don't fret, dear reader, Page Six and I are here to break it down for you.
Back in 2019 (I know that feels like ancient history), Taylor lost her first six albums. Well, she didn't lose them, but she lost out on the rights to them. A man by the name of Scooter Braun bought the rights to all six albums for $300 million. (Which, honestly, when it comes to that much of Taylor's music, is a bargain.)
After this move, Taylor went on a media rampage against Scooter. She re-recorded all of her music in what she labeled "Taylor's Version" of all the songs. She also went on record calling Scooter Braun, "the definition of toxic male privilege in our industry." Yeah, tough bid for the kid.
Scooter then went on to sell the six albums to investment firm Shamrock Capital for a profit. Which is a crazy short amount of time to hold on to records, but I'm sure all the publicity they were getting exponentially increased their value.
Now, Shamrock is looking to sell the rights back to Taylor Swift. (Again, wild that she needs to buy back the rights to her music but welcome to the industry.) And surprisingly it is Scooter recommending the move to them.
Fulfilling Taylor's "Wildest Dreams"
I mean, getting them back for free would be true dream fulfillment, but I'm sure this is the next best scenario. The six albums in question are: Taylor Swift, Fearless, Speak Now, Red, 1989, and Reputation. Yeah, I agree, some pretty heavy hitters in there.
If Taylor Swift wants to buy them back, they would be pricy, according to Clayton Durant, founder of the music consulting firm CAD Management. Somewhere in the range of $600 million to $1 billion. However, Clayton did go on to tell Page Six that if she were able to purchase the albums back then "she exponentially increases the amount of money she makes."
Personally, I'd say go for it. Get all the rights back to your music. But I guess we'll just have to wait and see. Are you "...Ready For It"?
