Source: https://ift.tt/nl78FH - Sunday, June 30, 2019
As previously detailed, Taylor Swift has buried the hatchet with Katy Perry . But she's just gone ahead and brandished another sharp weapon, this time pointing in the direction of music manager extraordinnaire Scooter Braun... ... and basically using all of its figurative might on social media. Here's the somewhat confusing deal: Braun is very good friends with clients such as Ariana Grande and Justin Bieber. A giant in the entertainment field, Braun's media holding company (Ithaca Holdings LLC) announced in a statement on Sunday that it and Big Machine Label Group reached a "finalized contract" under which Ithaca Holdings will acquire the latter company. Why is this relevant? Because the latter is Swift's former record label. The deal, made for a reported $300 million, includes Big Machine Music -- which means the following; Braun's company will now control all six albums that Swift has released to date, as well as music from other top artists such as Reba McEntire, Sheryl Crow, and Lady Antebellum. And this does NOT sit well with Swift. Not. At. All. "For years I asked, pleaded for a chance to own my work," Swift wrote on her Tumblr page on Sunday. She then continued, clearly irate: "Instead I was given an opportunity to sign back up to Big Machine Records and 'earn' one album back at a time, one for every new one I turned in. I walked away because I knew once I signed that contract, [Big Machine founder] Scott Borchetta would
Source: Breaking News
As previously detailed, Taylor Swift has buried the hatchet with Katy Perry . But she's just gone ahead and brandished another sharp weapon, this time pointing in the direction of music manager extraordinnaire Scooter Braun... ... and basically using all of its figurative might on social media. Here's the somewhat confusing deal: Braun is very good friends with clients such as Ariana Grande and Justin Bieber. A giant in the entertainment field, Braun's media holding company (Ithaca Holdings LLC) announced in a statement on Sunday that it and Big Machine Label Group reached a "finalized contract" under which Ithaca Holdings will acquire the latter company. Why is this relevant? Because the latter is Swift's former record label. The deal, made for a reported $300 million, includes Big Machine Music -- which means the following; Braun's company will now control all six albums that Swift has released to date, as well as music from other top artists such as Reba McEntire, Sheryl Crow, and Lady Antebellum. And this does NOT sit well with Swift. Not. At. All. "For years I asked, pleaded for a chance to own my work," Swift wrote on her Tumblr page on Sunday. She then continued, clearly irate: "Instead I was given an opportunity to sign back up to Big Machine Records and 'earn' one album back at a time, one for every new one I turned in. I walked away because I knew once I signed that contract, [Big Machine founder] Scott Borchetta would
Source: Breaking News
Comments
Post a Comment