Taylor Swift Reportedly Reclaims Music Masters in Major Industry Development

Taylor Swift has achieved a significant milestone by successfully reclaiming ownership of her original music masters, marking a major victory in her prolonged fight for creative control. This development concludes a well-documented and often emotional battle that began when her catalog was first sold in 2019.
The repurchase was made from Shamrock Capital, a private equity group, for a sum reported by Billboard to be an estimated $360 million. This figure is said to be comparable to the amount Shamrock Capital paid when they acquired the masters from music manager Scooter Braun in 2020. While some media reports initially suggested a much higher price, potentially exceeding $1 billion, sources cited by People Magazine indicated these figures were "highly inaccurate." Neither Swift nor Shamrock Capital has officially disclosed the exact financial terms of the deal.
The catalogue in question encompasses Swift's first six studio albums: "Taylor Swift," "Fearless," "Speak Now," "Red," "1989," and "Reputation." The struggle over these masters began in 2019 when Scooter Braun's company, Ithaca Holdings, acquired Big Machine Records, Swift's former label, and with it, her entire discography up to that point. Swift publicly expressed her dismay at the sale, referring to Braun as a "bully" and lamenting the loss of her life's work without what she felt was a fair chance to purchase it herself.
In a widely publicized and strategic response, Swift announced her intention to re-record her earlier albums, releasing them as "Taylor's Versions" starting in 2021. This move was celebrated by her fanbase and viewed as an empowering assertion of artistic ownership. With the successful repurchase of her original masters, Swift shared on her website that the music she had dedicated years to creating is now officially hers, signifying the end of a long journey and a new chapter of control over her artistic legacy.