Taylor Swift fans are going nuts over the singer announcing she’s bought back the rights to her music.
‘To say this is my greatest dream come true is actually being pretty reserved about it,’ wrote the Grammy-winner in a handwritten note on her website.
The Bad Blood crooner said the fact she now owns the rights to all the music she has ever made has brought so much joy to her life she’s been bursting into tears.
Swift purchased her catalog of recordings that were first released through Big Machine Records. It has taken her six years to close the deal.
She acquired those six albums and associated visuals from their most recent owner, Shamrock Capital, for an undisclosed nine-figure sum.
However, sources close to the contract negotiations claim the recent figure touted for the buy-back deal of ‘between $600million-$1billion’ is ‘highly inaccurate.’
Scooter Braun told DailyMail.com, ‘I am happy for her.’
From A-list scandals and red carpet mishaps to exclusive pictures and viral moments, subscribe to the DailyMail’s new Showbiz newsletter to stay in the loop.
Taylor Swift fans are going nuts over her huge career announcement that she made on Friday morning. ‘My greatest dream come true,’ wrote the Grammy winner in a handwritten note to her website
The Bad Blood crooner said that it has brought so much joy to her life that she has been bursting into tears
She writes in her letter: ‘I’m trying to gather my thoughts into something coherent, but right now my mind is just a flashback sequence of all the times I daydreamed about, wished for, and pined away for a chance to get to tell you this news.
‘All the times I was thiiiiis close, reaching out for it, only for it to fall through. I almost stopped thinking it could ever happen, after 20 years of having the carrot dangled and then yanked away.
‘But that’s all in the past now. I’ve been bursting into tears of joy at random intervals ever since I found out that this is really happening. I really get say to say these words: ‘All of the music I’ve ever made… now belongs… to me.’
‘And all my music videos. All the concert films. The album art and photography. The unreleased. songs. The memories. The magic. The madness. Every single era. My entire life’s work.’
Swift also wrote: ‘I know, I know. What about Rep TV? Full transparency. I haven’t even re-recorded a quarter of it.
‘The Reputation album was so specific to that time in my life, and I kept hitting a stopping point when I tried to remake it.
‘All that defiance, that longing to be understood while Feeling purposely misunderstood, that desperate hope, that shame-born snarl and mischief. To be perfectly honest, it’s the one album in those first 6 that I thought couldn’t be improved upon by redoing it.
‘Not the music, or photos, or videos. So I kept putting it off. There will be a time (if you’re into the idea) for the unreleased Vault tracks from that album to hatch. I’ve already completely re-recorded my album, and I really love how it sounds now.
‘Those two albums can still have their moments to re-emerge when the time is right, if that would be something you guys would be excited about.
‘But if it happens, it won’t be from a place of sadness and longing for what I wish I could have. It will just be a celebration now.’
The announcement is that she now owns all the music she has ever made. For many years, the artist has been struggling to get back her music
On Instagram she wrote: ‘You belong with me.❤️ Letter on my site :)’
Justin Bieber’s old manager Scooter Braun’s company Ithaca Holdings bought the catalog in 2019 before Shamrock acquired it from him a year later.
Braun does not profit from the sale. And he was not involved in Shamrock’s decision to sell the music.
In June of 2021, Braun told Variety that he felt ‘regret’ over the situation. ‘I regret and it makes me sad that Taylor had that reaction to the deal,’ he said.
‘All of what happened has been very confusing and not based on anything factual.’
On Instagram she wrote: ‘You belong with me.❤️ Letter on my site :).’
Taylor will be reissuing her old Big Machine albums.
Those albums were first sold by Big Machine in 2019, something she was not happy with.
There will be two fully authorized versions of each of those albums in the marketplace, since she’s saying the re-recorded Taylor’s Versions will continue to be available alongside the originals.
An insider told MailOnline: ‘Contrary to a previous false report, there was no outside party who ‘encouraged’ this sale. ‘All rightful credit for this opportunity should go to the partners at Shamrock Capital and Taylor’s Nashville-based management team only. Taylor now owns all of her music, and this moment finally happened in spite of Scooter Braun, not because of him’ – Braun pictured 2024
And Taylor’s longtime collaborator Jack Antonoff, who has worked with her since 2014, broke his silence on the big news with an incredible tweet
Taking to X, Jack shared a candid video of himself and Taylor belting out her song Getaway Car—a fan favorite from her 2017 Reputation album
Two of those bonus-filled editions have yet to come out, including the long-awaited Reputation (Taylor’s Version).
Her letter explained that this new arrangement will not prevent the remaining pair of redo albums from being released.
Sources close to the contract negotiations claimed to MailOnline that the recent figure touted for the buy-back deal ‘between $600million-$1billion’ is ‘highly inaccurate’.
A different source told Billboard that Shamrock sold Swift’s catalog back to her for a figure reportedly close to what they paid — around $360 million.
Meanwhile, after news broke of Swift’s business move, Braun said, ‘I’m happy for her.’
And Taylor’s longtime collaborator Jack Antonoff, who has worked with her since 2014, broke his silence on the big news with an incredible tweet.
Taking to X, Jack shared a candid video of himself and Taylor belting out her song Getaway Car—a fan favorite from her 2017 Reputation album.
Many had expected Reputation (Taylor’s Version) to be her next release before news broke that she had officially bought back her original masters.
‘Rep forever guilt-free listening!’ Jack captioned the clip.
This announcement comes just as Taylor was seen out with a new friend: Dakota Johnson, who is the daughter of Melanie Griffith and Don Johnson.
