Taylor Swift catalogue sold to investment firm for $300m
Music manager Scooter Braun, with whom Swift has butted heads in the past, has sold her first six albums ‘for the second time’
Los Angeles — Music manager Scooter Braun has sold Taylor Swift’s first six albums to an investment firm in a deal that values the assets at about $300m, according to a person familiar with the matter, ending a contentious episode that drew rebukes from the pop star herself.
Braun acquired Swift’s catalogue last year as part of a purchase of Big Machine, a Tennessee-based country record label. Braun, who manages Justin Bieber and Ariana Grande, partnered with the Carlyle Group, 23 Capital and George Soros to buy Big Machine for about $300m. The rest of the label isn’t included with the sale of Swift’s albums...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.