Taylor Swift Speaks Out Following Allegations That Scooter Braun Sold Her Master Recordings

Taylor Swift broke her silence after Scooter Braun; a music executive, reportedly sold her master recordings without her knowledge.

According to ABC News, Swift took to Twitter on Monday, sharing an update with her fans after Scooter Braun allegedly sold her master recording to a private equity firm, Shamrock Holdings.

In her Twitter post, she wrote: "I wanted to check in and update you guys. As you know, for the past year, I've been actively trying to regain ownership of my master recordings. With that goal in mind, my team attempted to enter negotiations with Scooter Braun."

The "Love Story" singer went on to explain that Braun wanted her to sign an "ironclad NDA" that states she wouldn't say anything against Braun, which Swift's legal team noticed was not normal. A few weeks ago, Swift said her team received a letter from Shamrock Holdings to tell her that the company purchased her music.

According to Bloomberg, Shamrock Holdings had paid $300 million for the recordings.

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With more than 87 million followers, Taylor Swift said on Twitter that it was the second time that her music was sold without her knowledge. Besides, the letter told Swift that the firm wants to reach Taylor before the recordings' sale, but Scooter Braun required that they make no contact with Swift or to her team, or the deal will be canceled.

After speaking with Shamrock executives, the "Teardrops on My Guitar" singer discovered that under the provided terms of Scooter Braun, the music executive would continuously profit from her music masters, album artwork, and music videos, Swift explained.

Swift accused Braun of not giving her the chance to own her old masters. The "You Belong with Me" singer detailed how she failed to negotiate the purchase of the rights to her music catalog, in which she was demanded to sign an agreement that would silence her before she could start ions with BMLG records.

This month, Swift is now free to re-record songs from her first five BMLG-issued albums, but Braun's sale comes at an interesting time.

Braun's and Swift's feud began when Braun purchased Swift's former record label, Big Machine, assuming her master recordings' rights. At the time, Taylor posted online saying that it was against her expressed wishes, in part as she felt Braun had bullied and disrespected her in the past. The singer voiced public outrage calling the situation a 'worst-case scenario.'

Their feud heated after Swift claimed that at the 2019 American Music Awards, Big Machine didn't allow her to perform her old hits. When the singer called upon her fellow artists and fan base to tell Big Machine and Scooter Braun how they felt, Braun said he and his family received death threats.

Daily Mail reported that Ithaca Holdings LLC, Braun's company, purchased Nashville-based record label Big Machine for just more than $300 million. The deal included Swift's music videos recorded from 2006 to 2017, her album artwork, and her self-titled debut to 2017's Reputation.

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