Taylor Swift celebrated a monumental career achievement this past weekend, regaining full ownership of her entire music catalog. Marking this milestone, Swift was seen dining in New York City with her close friend, Selena Gomez, on Saturday, May 31st, just one day after announcing her master recordings now belong to her.

The transformative news was shared by Swift, 35, on Friday via her Instagram account and official website. She declared, “All of the music I've ever made... now belongs... to me.” Her Instagram post featured three photos of her surrounded by her first six albums, which she famously re-recorded as “Taylor’s Version” releases during her fight for ownership. The caption cleverly nodded to her 2008 hit from the album Fearless, stating, “You belong with me. 💚💛💜❤️🩵🖤”.

This announcement signified the end of a highly publicized, years-long struggle for Swift, which began in 2019 when her original master recordings were sold without her consent. According to Billboard, Swift's acquisition of her masters is valued at an estimated $360 million, a figure underscoring her immense commercial success and cultural impact. The move is widely being acclaimed as a landmark moment in the ongoing discourse surrounding artist rights and control within the music industry.

The celebratory dinner took place at The Monkey Bar in New York City. For the outing, Swift donned a black dress, while Gomez, 32, wore an all-brown ensemble, including a large coat. The two were photographed engaged in conversation, visibly enjoying their reunion.

Selena Gomez not only joined Swift for the celebration but also offered her public support online. Shortly after Swift’s announcement, Gomez reposted the news to her Instagram Story, adding a heartfelt message: “YES YOU DID THAT TAY!!! SO proud!”

Swift and Gomez's friendship is a long-standing one, dating back to 2008 when they first met while Swift was dating Joe Jonas and Gomez was linked to Nick Jonas. Over the years, they have consistently supported each other, celebrating birthdays, promoting new music, and cheering each other on at awards shows. Their bond extends to supporting each other through respective romantic relationships; Swift is currently dating Travis Kelce, and Gomez is engaged to Benny Blanco. Gomez recently shared that she and Blanco attended a party hosted by Swift after an awards show before their own relationship became public knowledge.

The news of Swift regaining her masters, coupled with her celebratory outing with Gomez, sent waves of excitement through their fanbases. Social media platforms were flooded with joyous messages and lighthearted speculation. One widely circulated image, shared by the fan account 'Taylor Swift News' on X (formerly Twitter) and dated June 1, 2025, captured the friends hanging out. Fans commented on the duo's dynamic, with remarks like “Selena always has the juiciest gossip,” “Taylor’s face says it all,” and “This is iconic behavior. Two legends, one victory dinner.” Another fan shared a collage, noting, "some things really never change between selena gomez and taylor swift 😭," highlighting their tendency to share engaging conversations.

With her masters secured, fans are eagerly anticipating Taylor Swift’s next career move. While she has confirmed that *Reputation (Taylor’s Version)* is not yet complete, its eventual release has not been ruled out, keeping hope alive for her dedicated 'Swifties'. Meanwhile, Selena Gomez is set to return for the upcoming season of her acclaimed series, *Only Murders in the Building*.