Taylor Swift
E Palen

Scooter Braun Sells Taylor Swift’s Catalog For Massive Payoff

Approximately 17 months after Scooter Braun’s Ithaca Holdings LLC acquired Big Machine Label Group and all of its recorded music assets, including Taylor Swift‘s first six albums, the mega-music manager has sold the master rights to those projects.

Ithaca purchased the Nashville-based independent record label Big Machine, founded by Scott Borchetta in 2005, in June 2019 for just over $300 million, of which Swift’s catalog — from her 2006 self-titled debut to 2017’s Reputation — was believed to be worth some $140 million. In the last two weeks, an undisclosed buyer acquired the work in a deal that is believed to be north of $300 million, with some estimates as high as $450 million once certain factors are included.

After hearing the news of the acquisition back in 2019, Taylor Swift announced that she intended to re-record the songs bought and sold by Braun and seems to have already gotten a head start on the process.

Swift’s two most recent albums, Lover and folklore, were released through Universal Music Group and are not subject to the recent Scooter Braun-orchestrated deals. Watch this space for updates on the situation.

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Photo (Cropped): E Palen