Taylor Swift said she has plans on re-recording her old songs after famous music manager Scooter Braun purchased her old record label which she left in 2018.
This means that Braun has now the rights to Swift’s master recordings. For instance, if someone would want license her song in a television ad, show, or movie, then he must ask Braun for permission and pay him a fee.
On Wednesday, CBS Sunday Morning showed a preview of its interview with Swift. When asked if she has plans on recording her songs to obtain the rights to the new versions, the singer answered, “Oh yeah.”
Meanwhile, when the reporter asked Swift if that was her plan, she said, “Yeah, absolutely.”
In June, Ithaca Holdings, which was founded by Braun, announced that it had acquired Big Machine Label Group, Swift’s former label and home to her albums including “Taylor Swift,” “Fearless,” “Speak Now,” “Red,” “1989,” “Reputation.”
Last November, Swift signed with Universal Music Group because she knew that re-signing with Big Machine would only cause her to lose rights over her music in the future.