Scooter Braun has reportedly sold the rights to Taylor Swift’s masters, over a year after he acquired Big Machine Label Group.
The surprising news was revealed after sources told Variety that Scooter’s Ithaca Holding LLC sold the master rights to Taylor’s first six albums to an unknown buyer.
Justin Bieber’s manager is said to have sold the rights to an investment fund in a deal that is believed to be north of $300million (£227million) and reportedly closed in the past two weeks.
Love Story hitmaker Taylor famously clashed with the music manager and her former label last year after he bought her catalogue masters reportedly for more than $330 million (£229 million).
This included almost every piece of music Taylor recorded and released between 2006 and 2017, including chart-topping albums Red and 1989.
Her feud with Scooter went public in June 2019 when Taylor published a Tumblr post calling out the music executive for buying her catalogue.
Scooter, 39, denied having ‘malicious intent’ and tried to set the record straight in several public interviews.
However in August 2019, the 30-year-old stated that she would officially be free to re-record her old music in November 2020.
Taylor’s 2019 album Lover was the first to be recorded under a different label, Republic, and was followed up by Folklore this summer.
Metro.co.uk has contacted Scooter Braun and Taylor Swift reps for comment.
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