“Once I left my masters in Scott’s arms, I made peace with the truth that ultimately he would promote them. By no means in my worst nightmares did I think about the customer can be Scooter,” she wrote. “Any time Scott Borchetta has heard the phrases ‘Scooter Braun’ escape my lips, it was after I was both crying or attempting to not.”
Scooter has addressed the state of affairs a number of instances over time, and beforehand stated that he thought it was “unfair” how every little thing went down so publicly, and that he thought he’d have the chance to “be in enterprise” with Taylor.
The music exec ended up promoting Taylor’s catalog, together with all related movies and art work, to Shamrock Holdings for over $300 million in October 2020 — simply over a 12 months after he purchased Large Machine.
The next month, Taylor issued a statement revealing that she and Scooter’s respective groups had been in negotiations for her to regain possession of the masters, however she backed out when his workforce allegedly requested her to signal an “ironclad NDA” stating she would by no means say one other phrase about Scooter “except it was optimistic.”
She went on to clarify that whereas she had been “open” to accomplice with Shamrock once they initially reached out to her, she was left dismayed to study that the phrases of Scooter’s sale meant that his firm would proceed to revenue from her work.
“As quickly as we began communication with Shamrock, I discovered that underneath their phrases Scooter Braun will proceed to revenue off my outdated musical catalog for a few years,” Taylor wrote. “I used to be hopeful and open to the opportunity of a partnership with Shamrock, however Scooter’s participation is a non-starter for me.”
As you in all probability know, this complete state of affairs led to Taylor rerecording her first six albums — full with model new tracks “from the vault” — in an effort to have possession of her music, and he or she solely had her self-titled debut and 2016 album Popularity left to re-release when she introduced earlier this 12 months that she’d purchased the rights to the unique grasp recordings from Shamrock for a reported $360 million.
