Taylor Swift fans are going nuts over her huge announcement that she made on Friday morning.
‘Calling this my greatest dream come true is actually being quite reserved about it,’ wrote the Grammy winner in a handwritten note on her website.
The Bad Blood crooner said that it has brought so much joy to her life that she has been bursting into tears.
The announcement is that she now owns all the music she has ever made.
She has purchased her catalog of recordings that were first released through Big Machine Records.
It has taken her six years to close the deal.
She purchased those six albums and their related visuals from the most recent owner, Shamrock Capital, for what is believed to be a nine-figure sum.
Sources familiar with the contract negotiations state that the recent reported figures for the buy-back deal, which range ‘between $600 million and $1 billion,’ are ‘highly inaccurate.’
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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
Her letter states: ‘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 2 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.
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.
