“Once I left my masters in Scott’s fingers, 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 could be Scooter,” she wrote. “Any time Scott Borchetta has heard the phrases ‘Scooter Braun’ escape my lips, it was once I was both crying or making an attempt to not.”
Scooter has addressed the scenario a number of occasions through the years, 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 assertion 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 crew allegedly requested her to signal an “ironclad NDA” stating she would by no means say one other phrase about Scooter “until 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 beneath their phrases Scooter Braun will proceed to revenue off my previous 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 most likely know, this entire scenario led to Taylor rerecording her first six albums — full with model new tracks “from the vault” — with a view to have possession of her music, and she or he solely had her self-titled debut and 2016 album Status 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.